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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 JTDOUBLEon Jun 28, 2022 9:44am
95 Views
Post# 34787063

RE:RE:RE:1.50-1.90

RE:RE:RE:1.50-1.90
Chefboy69 wrote: stocks sometimes run up prior to earnings
and this has been such a laggard for so long..5 months now

higher lows and higher highs is always a good thing
this stock is 100% heading higher 

jleer42 wrote: I think it will wait until the Q2 results to come out, but I'm hoping the news will be good and the annual high will get tested. I can't see it not getting into your range over $1.50.

Chefboy69 wrote: in the next 4 weeks

that is my prediction

throwing it out there

the only reason i love stockhouse is you can go back in history

GLTA 

 


I think you bang on Chefboy..I have really a good chance to double my positions lately here given the recent price...Needed another 15k to have a full positions here..Only few oil companies are in positions of debt free , 30% FCF should be returned to shareholders here given the price of oil these is just going to increased the payout ..

Last month SPR released 7.5 and lately another 6.5 millions still barely enough to meet the demand..considering Russsia daily productions of 5 millions are jeopardy.. 

Eventually SPR will be replaced this will gives so much torque in the demand..

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