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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 Dec 02, 2022 11:10pm
139 Views
Post# 35148218

RE:RE:People just needed to be patience..

RE:RE:People just needed to be patience..
Chefboy69 wrote: patient??? how's 10 months of holding and gonna hold for 2 more months....that makes 12 months
after 1 year...if an investor does not have capitial appreciation
then its time to SELL

sorry FACT!!!!!!!!!!!!!!!!!!

JTDOUBLE wrote:

Bte was trading below 50 cents, everyone bailing out , those who did their DD on oil loaded ..

If you believed in oil going 3 digits, this is time to load up .. 

ROE almost 72% and ROA is 20 % .. 

Capital employed here has a significant return .

A company with no debts .. 

Eventually the discrepancy will return in equilibrium given the numbers it will produce..bte , cpg , cve ,su and Et my plays for almost years when oil becomes negative.. 

This is all about numbers still think oil has a long way to go here last oil bull run lasted 10 years i think we are just on first innings here .. 

Happy to take the dividends here while waiting.. just do your own DD here .. 





That's not a rule lol!  Especially in the commodities sector. I have been buying gold for over 1 year and I am finally seeing some traction.  Some stocks I have held for a lot longer than 1 year before seeing anything.

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