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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 26, 2022 11:03am
130 Views
Post# 34709077

RE:RE:RE:RE:RE:Insider Buy

RE:RE:RE:RE:RE:Insider BuyYes, no argument here. There are opportunities for profit in the swing trade but my original premise holds true. It was aimed at investors who may be doubting the capability of GXE to capitalise on this bull market. While the rise to $1.94 and subsequent establishment of a consolidation price is not relevant to the swing trade, the daily volumes and volatilty indicate more than just the penny flippers involvement.

Capital will flow into GXE when better opportunities are no longer available. It will simply take time.
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