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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 Quintessential1on Jan 29, 2024 6:43pm
92 Views
Post# 35851583

RE:Quintessential

RE:QuintessentialPretty sure the numbers I posted are correct and the people that shouldn't be posting here are the ones that don't own.

Wow you're a big cry baby...go back and cry on your own stock's board the grown ups are trying to have a discussion about stocks they own.

GLTA


tylerreddick wrote: You said:

" I also noticed that longterm debt is just over $500k and net debt is $55 M
Could the net debt have something to due with the shut in inventory? "

If you can't even read a fiancial report, you shouldn't be investing your own money, and you certainly shouldn't be posting your nonsense here.

The net debt is made up of long term, current long term, and the deficit of accounts payable over accounts receivable, plus a few other odds and ends. If you don't understand that, you should quit posting.


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