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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 Luckyelevenon Jun 02, 2022 11:47am
112 Views
Post# 34726682

RE:RE:at least we are being PAID to hold

RE:RE:at least we are being PAID to holdWell that happens with all stocks but doesn't change the fact that GXE is uderperforming almost all oil plays daily. I don't think you can blame the algos especially today. I can't explain it and still could be getting some profit selling from the spike under a dollar. It did the same kind of trading back then and who know it may spike any day or not. The more you watch the more you are tempted to sell and move somewhere else. I own many energy stocks so will hold as I do believe we will see higher prices at some point. Manipulation seems to be a favourite culprit when a stock is in the funk but in reality it's lack of buyers and more sellers. Again just my opinion but don't buy the manipulation concept currently.
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