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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 marketsenseon May 31, 2022 3:04pm
140 Views
Post# 34720907

RE:RE:RE:Gear down

RE:RE:RE:Gear downI don't know about going lower however its also month end where we all know brokers have to square their accounts.  That means usually sell off and then rebuy the following
few days.   Essentially nothing has changed except for the squaring of the books for
accounting purposes.   These things happen every month end but also can catch
naiive investors offguard.  GXE will be fine and is going higher.
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