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Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

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

Comment by Chefboy69on Apr 20, 2022 10:17pm
239 Views
Post# 34618922

RE:RE:RE:RE:RE:RE:RE:IT's go time!

RE:RE:RE:RE:RE:RE:RE:IT's go time!thanks for your analysis..this is very rare on a stock message board and I agree completely with your analysis
what a relief to read a normal board..most are very toxic
check out PPR..i think that is about to take off to above 0.30..i have been trading that one since 0.03


Chimpwithdart wrote: I did look at the chart. For the explosive run GXE had at the end of january, it is impressive to see how high it has held. This type of consolidation is healthy for the next leg up. Had that not happened, this would be spiking up and down all over the place. As of now the MACD has bottomed and is about to cross. RSI bottomed out. 50ema has acted as strong support and we are seeing increased volume as selling wanes. Debt free shortly and a likely 10% ncib annoucement in may is the perfect storm. If you overlay GXE with ATH you will see while GXE ran end of jan ATH was stagnant and then exploded as GXE cooled off. Expect that same money to rotate between these two once again. People sitting on +30% gains in a few days will be hunting for what's next and meet us here.


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