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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 Nov 04, 2022 10:59am
113 Views
Post# 35073055

RE:RE:GXE beat expectation latest Quarter..

RE:RE:GXE beat expectation latest Quarter..
w8asec wrote: JT - Is there any chance we can talk about all the "bad" things that can occur.

After all you are a LONG investor right?



JTDOUBLE wrote:
Analyst expected 5 cents Eps and GXE delivers 7 cents..

With rumours China opening crude rose significant today..

Over 90 bucks oil more likely we will hit some re-rating of GXE..

Still hoping 9-12 cents eps if oil run up to 100 bucks ..

I think oil going to 100 bucks given all the catalyst..




Oil about supply and demand like any commodity ..whatever you expect oil is going the price of gxe will follow like other oil stocks..im bullish on oil expect 100 bucks ..Only bad thing i see here is someone buying GXE before we can actualized it true value!!!

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