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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

Post by lovehockeyon Feb 16, 2023 12:58pm
360 Views
Post# 35290216

Low numbers on Ask side...

Low numbers on Ask side...... and low volumes mean that the stock is manipulated by washtrading techniques where with no large buyers the manipulators carefully lower the price and wait for exhausted investors to dump some shares to the Bid side. These are the people who play a long game and they are trying to accumulate shares at these depressed prices, so should you. This stock will only go up long term. There will be time not far away where the stock will be trading 3 times of what it is now, still paying dividends and doing some buyback as well. Great company!
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