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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.


TSX:GXE - Post by User

Gear Energy Ltd > 500 millions in tax loss reserves..
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Post by JTDOUBLEon Feb 24, 2023 8:22pm
331 Views
Post# 35304746

500 millions in tax loss reserves..

500 millions in tax loss reserves.. Many here have forgotten that these tax loss by GXE is quite profitable considering the marlet capitalization is only 275 .. 

Anybody can quantified these tax loss reserves?? 

For big companies or hedge funds these really look attractive given the company meager debts and profitable.. 

Betting Gxe will be run over by someone.. imo .. 
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