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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 Sugareeon May 04, 2022 9:32pm
147 Views
Post# 34657312

RE:RE:RE:RE:RE:Dividend

RE:RE:RE:RE:RE:DividendI doubt he would have this in his income fund. Too small a company, all the current ones are big. Second, he got his current large position from obscure method, don't fully recall but was not from buying and building from open market. Extremely difficult to acquire another large enough position for a second fund, as is cant even make the top ten in current fund.  

CandyC wrote: And I would suspect that he'll own 9.9% in the income etf soon. I could be wrong though. Also with these dividends and special dividends and buybacks it will get the attention of more fund managers 


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