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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 > NCIB math
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Comment by w8asecon Feb 18, 2024 10:50pm
154 Views
Post# 35887193

RE:NCIB math

RE:NCIB mathIt will be interesting to see what happens in the next few months... hopefully they only buy at cheap prices... I have the current NAV at $0.94 per share (napkin math) -  I think it will be higher at the next financials...
... A smart move might be to cancel the Div. and hope for a share price collapse to buy the daily max allowed on the cheap....
H3LL why not take advantage since this stock isn't getting any love from the street anyways.

GLTAL
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