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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 mattressstashon Jun 06, 2022 6:29pm
142 Views
Post# 34735478

RE:This stock is dead..:

RE:This stock is dead..:I agree, I did the same.  This thing is flat lining fast.  High volume and over 3 per cent loss is not a good sign. It will go much lower on a bad oil day.  It went down two days in a row on good market days and with two days of upside to oil prices.  It coudn't be any better for Gear to out perform, imagine what it will do on a bad trading day or a 5 to 10 dollar swing on the price of oil per barrel.  
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