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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 Aug 09, 2023 9:05pm
104 Views
Post# 35580840

RE:RE:GXE going down whiles all others up with WTI

RE:RE:GXE going down whiles all others up with WTIWe do not get any China news. We get Western propaganda. Why anyone thinkins they know anythong about China, Russia, etc from the obvious western cabal is a mystery to me. The amount of BS lately is staggering but not new. 

Oil is going up thru this year. I dont guess. I can see satelitte images of storage and ships. How much oil the world needs is a known. 

Oil markets are a game and each month they play it and take the price down is more control soon to burst into chaos. I have no dount we're about to hear tons more BS but how long can thing clownworld go? Seems on its last leg. 

Sadly, GXE is not a good quality stock and I think they played this wrong. Sure they held that div thinking oil would come back and were right, but to cut it now was a big mistake. This wont get looked at seriously for a long time and GXE doesnt have time. Its reserves are short. 

Cobalt wrote: China news is not good , looks like all we had in Oil was short covering, done for now, dyodd


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