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 > Small minded investors just exited the chat

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Comment by Reachmeon Jul 27, 2023 10:43am

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Post# 35559490

RE:Small minded investors just exited the chat

lovehockey wrote: Ok, so we have approximately 4 million shares sold to drive the stock down to 89 cents over slashed dividend. That represents approximately 2% of all GXE shares. What can I say - good riddance. Please never come back. If you were there only for 1 cent dividend and decided to sell an absolutely healthy company that made a dynamic decision to improve its balance sheet in a short term - you do not deserve to own this company. Gear will balance back nicely with everything considered. Selling it first day after the announcement is irrational. Waiting when it settles and regains its strength would have been much smarter.

At the end of the day we will gain much smarter investors who see the value in this company.

Good post

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