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Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

Gear Energy Ltd. is a Canadian exploration and production company with heavy and light oil production in Central Alberta, West Central Saskatchewan and Southeast Saskatchewan. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its properties include Celtic/Paradise Hill, Saskatchewan; Wildmere Area, Alberta; Wilson Creek, Alberta, and Tableland, Saskatchewan. The Celtic/Paradise Hill is located within Township 52, and Ranges 23 and 24 W3 and is approximately 40 kilometers northeast of Lloydminster, Alberta. The Wildmere field is located within Townships 47, 48 and 49, and Ranges 3, 4, 5 and 6W4, is approximately 200 kilometers southeast of Edmonton, Alberta. The property consists of approximately 24,325 gross (23,000 net) acres of lands. The Tableland property development is predominately focused on the Three Forks/Torquay formation, with minor production from the Bakken and Ratcliffe formations.


TSX:GXE - Post by User

Post by NobleHouseon May 05, 2024 3:14pm
228 Views
Post# 36024008

Maxmoe

Maxmoe You make some very good arguments in favourofSharebuybacksbut l must respectfully disagree with you.You also post on BTE board and after years and tens of millions , would you care to show where buybacks added to Shareholder value , a better dividend would more than likely received a better reception as it is real money , not some make believe fiction that may or may not materialize and mgmt is quite aware of the attention span of retail investors so ignore the millions already wasted but tout the good times ahead with another round of garbage financial engineering.On another note Max, do you intend visiting your ancestral home inNova Scotia this summer.I heard they are predicting an extremely active Hurricane season with particular focus of Nature looking at the Maritimes. Instead of the Caribbean like they used too.PunishedintheWinter and now it seems the summer. Time both us and GXE caught the break we both deserve.
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