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Bullboard - Stock Discussion Forum
Gear Energy Ltd
T.GXE
Alternate Symbol(s):
GENGF
Energy
Oil & Gas E&P
Gear Energy Ltd. is an oil-focused exploration and production company. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its operations are located in three core areas: Lloydminster Heavy Oil, Central Alberta Light/Medium Oil and Southeast Saskatchewan. The Company is also engaged in focused on improving oil...
recoveries through the application of water flood technology. The key properties in the Central Alberta Light asset include Wilson Creek, Ferrier, Killam, Drayton Valley, and Chigwell.
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Bullboard (TSX:GXE)
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(3)
•••
pleazu69
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Comment by
pleazu69
on Dec 06, 2023 10:20pm
RE:target
"coming into range about another 15%" another 5% and all the bears turn to bulls I hope you keep your scorecard open
(2104)
•••
tylerreddick
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Post by
tylerreddick
on Dec 06, 2023 7:47pm
50 cents would be a fair price
maybe.
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(7)
•••
Iliveinavan
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Comment by
Iliveinavan
on Dec 06, 2023 5:52pm
RE:its times like this you see management for what they are
What don't you get about the word "blackout" ?
(16)
•••
scienceguy36
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Comment by
scienceguy36
on Dec 06, 2023 3:33pm
RE:its times like this you see management for what they are
As previously announced, Gear is currently undertaking a formal process to explore, review and evaluate strategic repositioning alternatives with a view to enhancing shareholder value (the "
...more
(51)
•••
lashing
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Post by
lashing
on Dec 06, 2023 3:25pm
its times like this you see management for what they are
If they has ANY confidence whatsoever is the business they want to sell you, they'd be buying the half mil on ask right now. NOPE. They dont want their own bullcrap for .67 cents that they
...more
(16)
•••
scienceguy36
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Comment by
scienceguy36
on Dec 06, 2023 3:01pm
RE:Scienceguy...
yes all correct
(125)
•••
NotThatBright22
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Post by
NotThatBright22
on Dec 06, 2023 2:54pm
Scienceguy...
Sept 29 you said you held 175,000 GXE Shares. Nov 7 you stated you added 52,000 @ .79. Now you waiting for OIL to stabilize?
(125)
•••
NotThatBright22
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Comment by
NotThatBright22
on Dec 06, 2023 2:40pm
RE:RE:RE:RE:Oil up another buck!!!!!!!
And you are worried here for another penny down tick!
(16)
•••
scienceguy36
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Post by
scienceguy36
on Dec 06, 2023 1:55pm
Waiting for oil to stabilize
Have $40,000 waiting to invest when oil stabilizes. Would prefer GXE stay the course and go it alone instead of selling on the cheap and screw investors like Pipe did.
(112)
•••
lovehockey
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Post by
lovehockey
on Dec 06, 2023 1:33pm
Buyback math
NCIB typically would allow to purchase 10% of the total shares so 26 million of shars can be purchased. In current situation they can be buying 2.2 million shares by spending only $1.45 million. It is
...more
(125)
•••
NotThatBright22
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Comment by
NotThatBright22
on Dec 06, 2023 12:37pm
RE:RE:RE:RE:RE:Perfect timing to end the dividend...
Really does not matter if is acquired.
(125)
•••
NotThatBright22
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Comment by
NotThatBright22
on Dec 06, 2023 12:32pm
RE:RE:RE:Perfect timing to end the dividend...
Easier for a takeover with no dividend.
(112)
•••
lovehockey
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Comment by
lovehockey
on Dec 06, 2023 12:27pm
RE:RE:Perfect timing to end the dividend...
In current situation dividend has become completely useless as far as SP is concerned. Buyback will be 100% more efficient. Dividend can come back later when the oil market is more stable.
(125)
•••
NotThatBright22
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Comment by
NotThatBright22
on Dec 06, 2023 12:20pm
RE:Perfect timing to end the dividend...
This could be the last divi. Makes sense.
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