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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 Chefboy69on Aug 30, 2022 11:40am
97 Views
Post# 34929710

RE:RE:dividend investors

RE:RE:dividend investorswant an example of LONG...check out BIPC.

I bought IPL in 2011 for income in my RRSP
it has rolled into/become BIPC...a $1200 investment is now $2,600 and pays me 3% yield but more because it was IPL

RAWCOLTY wrote: Smart man.... Enjoy the Dividends and the increases in Dividends coming! 

Nice way to ride out the swings in the Market collecting Dividends knowing that the share price will go up eventually... More than likely this company does get bought out for a very large premium due to those tax pools alone not to mention how Cheap GXE is.


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