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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.


TSX:GXE - Post by User

Gear Energy Ltd
Bullboard Posts
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Post by BenderRodriguezon Jul 22, 2016 12:36pm
106 Views
Post# 25076229

Puzzled ...

Puzzled ...I'm a little puzzled by the recent relative strength of GXE given the slide in WTI (to now 43.99 as I type this).

Is it related to the pending merger?  You would think that share dilution would have somewhat of the oppposite effect.  Unless the market is viewing this as a 1+1=3 situation.

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Bullboard Posts
Dealroom for high-potential pre-IPO opportunities