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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 lashingon Apr 14, 2023 2:33pm
113 Views
Post# 35395739

RE:Oil back up --- GXE should erase debt over the next 6 months

RE:Oil back up --- GXE should erase debt over the next 6 monthsall true

but something weird about the present. This one is dislodging from the market big time and breaking its previous patterns. 

Volume today quite low. Meanwhile I'm up on CJ 10% in a matter of 1 - 2 weeks. 

MLEWICKIMBA wrote: 1. Mostly unhedged yes

2. Dividend payable at this level 

3. Sometimes insiders need money for whatever reason.  He probably owns more shares or has a lot of options 


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