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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 Roscoe747on May 25, 2022 3:46pm
168 Views
Post# 34707234

RE:RE:RE:Insider Buy

RE:RE:RE:Insider BuyThe problem with the swing trade is that the swingers only speak to half of the equation. For every swinger there is a counter party left swinging. The swing trade is merely noise and distraction that creates an insecurity among investors BUT does nothing to stop the fundamental metrics from emerging.

Simply put, the execution of guidance takes time and so does investor faith in both macro and micro economic indicators. Q2/22 will affirm the potential of this bull market in oil and while buybacks may not entice investors, dividends certainly will. Especially in the inflationary cycle ahead.

At this volatile time, the swing trade offers an outstanding opportunity - of standing on the dock waving bye-bye to GXE after selling for a nickel gain.
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