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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 masfortunaon Nov 30, 2022 7:49pm
108 Views
Post# 35141536

RE:RE:RE:RE:RE:Enough Already

RE:RE:RE:RE:RE:Enough Already
navajojoe wrote:
masfortuna wrote: Are you dumb? So oil drops and they make less money. That's a revelation to you? As I posted already, they have a net surplus. That net surplus wil decline if oil drops but it's not the samething as saying they can't afford the divy. 

***Where is your proof that they can't afford a divy?  You sir are a clown.
 


Sure, they can use the cash surplus to pay the dividend, but how is that sustainable? Once the cash is gone, then what?

I honestly haven't seen anyone quite as stupid as you in a long while, and there are some REALLY stupid people on Stockhouse.



Sure they can use the surplus??? That's your answer???
So then they can pay the divy.  That was the argument. So basically you are contradicting yourself and admitting that your statement was false. Except you don't even see that lol!
As for the name calling...You can't win an argument with a stupid person. 

And FYI, If you had said  "If oil drops dramatically they won't be able to pay the divy.", then I wouldn't have even bothered to respond as that is obvious to anybody with 1/2 a brain but...You didn't... 

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