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 > Now it's time to open at 2$ tomorrow

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Comment by nobeardon Mar 15, 2022 12:49pm

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Post# 34515520

RE:RE:RE:RE:Now it's time to open at 2$ tomorrow

bonjovi nailed it ... hope it settles at the 1:50 range, waiting for the $0 debt announcment and what he companies plans are.

geezer21 wrote: "Sell off now as oil drops $15 and GXE in The $1.69 range and probably going a lot lower"

Maybe but I do not think so because the price only pulled back to the upward trend it was on before the spike in oil price that had everyone jumping on oil and then jumping off today.

The trend is still well intact and likely to continue. Even though oil pulled back the price is still well above the price of oil that was supporting GXE's run up.

All we had to day was a pull back opportunity to buy the dip.