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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Gear Energy Ltd > Informative posts on GXE on BNE board

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Comment by oilypantson Apr 19, 2021 6:56pm

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Post# 33026473

RE:RE:RE:RE:RE:RE:Informative posts on GXE on BNE board

No worries this poster just mad told his boyfriend off on cj board. U know film DUMB AND DUMBER this is them

swingtrading wrote: Sorry I am unaware of your history and/or feud with this poster but in my experience people became hostile usually towards bashers of the stock they own not pumpers. I am an old timer and I suppose it is a bit subjective as sometimes it is easy to slide into what appears to be pumping, promoting or just plain over exuberance.

I dont want to dwell on that I was really more interested in why you thought neither CJ or GXE could merge or whether M&A was possible. Volume was interesting today so something is going on wouldnt you agree?

mlcb2525 wrote: I am only hostile to the particular pumper (Oilly Pants) on the BNE and CJ boards who spread rumors that are clearly false. I agree that the future for Canadian O&G is consolidation as the stronger absorb the weak. I believe that it remains a buyers market and the premiums paid will not be too juicy for the seller. However, the buyers who are smart will reap the benefits of the economy of scale and synergies.

Recent WCP activity has proven to be a good example of this strategy. In regard to CJ, I would prefer that they aggressively knock down debt as the first priority and secondly implement a NCIB and maybe take 10% or so of their stock off the market.