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 > Thx Chef and Candy

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Comment by Chefboy69on May 04, 2022 7:33pm

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Post# 34657042

RE:Thx Chef and Candy

thanks bud....I own Suncor at 12

I know all about share buy backs and how they effect the share price
and I own TD and I own BAM.A

and so on

as you so poignantly brought up...I AM NOT NEW HERE

masfortuna wrote: Yes I read that paragraph BUT we are not getting a special dividend at the moment. From what I gather, in the future any funds left over will be a special divy. Am I correct or are we getting a special dividend at the moment?

BTW Chef I thought of this after so here goes:
A company is worth $100 and they have 10 shares. Each share is worth $10. What hapens if you remove 1 share (10%)? The value of your shares increase according to the marketcap. I think this explanantion is simpler.
Hope this helps
Mas