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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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(2104)
•••
tylerreddick
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Comment by
tylerreddick
on Nov 27, 2023 7:07am
RE:RE:Roscoe
Nice try, Roscoe. Only problem is that I have forgotten more about the oil and gas industry in the WCSB than you will ever know. Been here for decades.
(133)
•••
Roscoe747
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Comment by
Roscoe747
on Nov 26, 2023 5:29pm
RE:Roscoe
Nice try but I'm on record that returns to shareholders are premature long before you appeared. My initial assessment was that if worthies such as Gillmore and Gray supported it, there must be
...more
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(2104)
•••
tylerreddick
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Post by
tylerreddick
on Nov 25, 2023 4:16pm
Roscoe
Good to see you have finally come around to see the truth. Too bad it took so long, as a lot of people have lost a heck of a lot of money believing the hogwash that was posted on this board for far
...more
(133)
•••
Roscoe747
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Comment by
Roscoe747
on Nov 25, 2023 3:39pm
RE:RE:Wish I had some cash
It may be sustainable in future but GXE is gambling,not managing. The Board made two mistakes - first, instituting a monthly dividend and secondly, only rducing the dividend rather than eliminating it
...more
(133)
•••
Roscoe747
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Comment by
Roscoe747
on Nov 25, 2023 3:21pm
RE:Roscoe747 stated
"Where the cash gunna go?" Nowhere, it stays in the current account. "for what reason" Because the dividend is unsustainable to a prudent management in a volatile sector business.
(2104)
•••
tylerreddick
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Comment by
tylerreddick
on Nov 25, 2023 1:19pm
RE:RE:RE:Eric Nuttall Dividend is not sustainable 36.40 mark
CandyC, you don't really believe the stuff you post, surely?
(22)
•••
CandyC
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Comment by
CandyC
on Nov 24, 2023 9:24pm
RE:RE:Eric Nuttall Dividend is not sustainable 36.40 mark
maybe he was buying today for himself or family
(2104)
•••
tylerreddick
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Comment by
tylerreddick
on Nov 24, 2023 8:51pm
RE:Eric Nuttall Dividend is not sustainable 36.40 mark
Pretty obvious, IMO
(71)
•••
YesSetForLife
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Comment by
YesSetForLife
on Nov 24, 2023 8:49pm
RE:Eric Nuttall Dividend is not sustainable 36.40 mark
He thinks the dividend is not sustainable but anyway he also stated that Gear Energy is very cheap right now Remember that Nuttall bought shares of Gear last year and he made a fortune I wouldn't
...more
(19)
•••
alhiemstra
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Post by
alhiemstra
on Nov 24, 2023 8:07pm
Eric Nuttall Dividend is not sustainable 36.40 mark
Full episode: Market Call for Wednesday, November 22, 2023 - Full episode: Market Call for Wednesday, November 22, 2023 (bnnbloomberg.ca)
(22)
•••
CandyC
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Comment by
CandyC
on Nov 24, 2023 6:50pm
RE:RE:Wish I had some cash
Might be bought out by year end. If not then Q1
(71)
•••
rustyblades
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Comment by
rustyblades
on Nov 24, 2023 5:00pm
RE:Wish I had some cash
The dividend yield will be 0% by the end of the year (2023)
(125)
•••
NotThatBright22
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Comment by
NotThatBright22
on Nov 24, 2023 4:43pm
RE:RE:Wish I had some cash
The factors are the price of oil and the CDN$.
(2104)
•••
tylerreddick
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Comment by
tylerreddick
on Nov 24, 2023 4:03pm
RE:Wish I had some cash
But is the dividend sustainable? The market says a loud NO.
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