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 > Wraps up this week

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Comment by Roland22on Apr 21, 2021 11:24am

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Post# 33037072

RE:Wraps up this week

I'm a long term holder of GXE and looking to add to my position; however, I'm wondering if the share price may come under some short term pressure?

I'm thinking that once bond holders get their shares they will be selling in order to lock in their gains and move on. Holding onto their shares is a different risk profile that might not suit their investment strategy.

Thoughts?

Thanks

Roland