Gear Energy Ltd T.GXE

Alternate Symbol(s): GENGF

Energy Oil & Gas E&P

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.

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Gear Energy Ltd > biggest issue for Gear

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Comment by Chefboy69on Sep 06, 2022 2:36pm

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Post# 34944555

RE:RE:RE:RE:biggest issue for Gear

And this is 1.21 now.. So you are underwater Smart as.s

Kherson wrote:
Chefboy69 wrote: LOL...again emotion...you throw insults at me..because you disagree???
okay bro...

prove me wrong and buy more..maybe i will break even...have not yet since March

Kherson wrote:

Chefboy69 wrote: is how secure is the dividend is a recession???

all the talk is not if but when the big R hits...so that is a major drag on newly announced divi's
with no track record, what is to stop them from lowering the divi to 0.005 from 0.01 per month

it could happen..now you have a 5% yielding stock that used to yield 10%??

emotion drives the market, not facts

I was thinking about buying more but i am already down 20% on this stock

So here i sit and watch

GLTA

You really should not be investing in the Market as you have no clue as to what you are doing!
Chefboy69 claims that he bought GXE shares when they were about $1.45. But now, those shares are on sale at around $1.22 with what we know to be a 10% dividend, yet he refuses to buy. So you are telling us that you would buy again if the price goes back up to $1.45?
Give you head a shake, look into the mirror and ask yourself, when do you want to buy a stock, when everyone else is buying or when everyone is selling?
Kherson

Once again, you have shown everyone how stupid you really are! I have already set the table to prove you wrong because I bought my position last week at $1.22 a share. As for you breaking even, it looks like $1.22 is the new bottom, so buying now will allow you to break even that much sooner. It is called "averaging down"!
Kherson