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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 Jun 01, 2022 6:09pm
130 Views
Post# 34724773

RE:RE:RE:RE:RE:RE:Calculation

RE:RE:RE:RE:RE:RE:Calculation To be fair, I believe we have a professional management team that is open and honest. That said, the tendency to add expenses and other forms of indirect compensation for insiders becomes harder to counter once the cash rolls in.

At this point, it is fair to give management an opportunity to get their feet under them as the dynamics change. We shall have to wait and see what the Q2/22 numbers provide and the board does with them. I am expecting shareholder returns, not growth  or empire building.
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