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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 18, 2022 2:02pm
230 Views
Post# 34766837

RE:RE:RE:Where is the "priced in" guy?

RE:RE:RE:Where is the "priced in" guy?

We live in interesting times. I don't pay much attention to daily or weekly fluctuations and still recall my hesitancy in buying into the 2008 recovery (and the ensuing price appreciation).
 

That said, oil fundamentals dictate high prices.  I am more concerned about a government tax grab than about this particular correction. Of course, you may be right, lashing, but overall, I think it will be V shaped for oil and may spur the return of the generalists.

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