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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

Post by lovehockeyon Sep 01, 2023 12:03pm
195 Views
Post# 35616123

Don't kid yourself - nobody selling GXE shares uner 1 buck

Don't kid yourself - nobody selling GXE shares uner 1 buckThe volumes are pathetic. At this prices the company appears to be partially private as shareholders are holding on to the shares and whatever is traded now is all miniscule and doesn't represent true value of the company. All the current trading is only desinged to squeeze out weak investors with no patience. With higher oil prices both buyback and higher dividends are coming back in near future. 
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