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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 27, 2022 11:58am
98 Views
Post# 34712326

RE:RE:2,500,000 Wall At $1.60

RE:RE:2,500,000 Wall At $1.60

lashing wrote: NOPE. Davos is going to shock some, but not me. Shareholders will not be participating in oils next rise and it will rise. Government caused it and have a plan. No one wants to invest in thier green lose.lose nonsense ... so they are going to take via tax the FCF and hand it to zealots to waste. Mark my words. Oil shareholders are screwed. 

 

Cynical disbeliever that I am, the same thought has occurred to me. Especially in Canuckistan where Turdeau senior has done it before with his National Energy Program. I also cannot see politicians ignoring oil profits or ignoring the 'climate change' agenda despite its complete denial of reality. They may as well attempt to repeal the Law of Gravity.

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