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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 Roscoe747on Nov 29, 2023 10:36am
79 Views
Post# 35758527

RE:RE:RE:Seriously

RE:RE:RE:SeriouslyCynical but true enough. I like the premise but it is prudent to wait for the toll application to be adjudicated because it is based on the $30 bn. Sure its unreasonable but it is what it is.

TMX has been sending $millions of 'surplus' pipeline stuff to Ritchie Bros auctions in Chilliwack. Sold at pennies on the dollar, it's just another example of entities making out like bandits on the taxpayers' dime while the bureaucracy shrugs at the boondoggle and goes for lunch. 
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