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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 pierrelebelon Apr 08, 2023 1:05pm
210 Views
Post# 35385323

RE:GEAR - NOT TOO LATE TO ADD

RE:GEAR - NOT TOO LATE TO ADD
Craig wrote "... Much higher in the next 3 weeks."

While I totally agree with your overall views on GXE, patience is required.  You have constantly set short term high targets for your energy stocks and they always miss.

While a 7.5% yield implies a share price of $1.60, I expect we will get there within the next 12 to 18 months.  To expect such within 3 weeks is dreaming in technicolour and not realistic.
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