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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 > Your thoughts, should an interested party
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Comment by lashingon Oct 03, 2023 11:39am
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Post# 35666958

RE:Your thoughts, should an interested party

RE:Your thoughts, should an interested party Why would you stockpile cash to sell the cash? Its assets they have to sell. Not paying a dividend would just allow Management to take it. Is this your first day?

NotThatBright22 wrote: in a position to aquire GXE, how does the dividend reflect on the value of GEAR.  The cash position would greatly improve with no dividend. 


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