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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

Comment by Maxmoeon May 07, 2024 11:29pm
113 Views
Post# 36028155

RE:RE:RE:Maxmoe

RE:RE:RE:Maxmoe Yeah okay wise guy. I was being literal about the firewood. And I'm never sarcastic. For the millionth time, nobody but a birdbrain would buy a small cap oil producer for yield. Name ONE small cap energy producer that has EVER successfully paid a sustainable high dividend yield. Name one small cap from ANY cyclical industry that has consistently paid a high yield. There are none. As for Apple .....Whatever man. You wanted examples of buybacks that made shareholders wealthy, not my choice for best gadget. No smart remarks about ATH example? I won't bother providing more examples. This sounds like a case of  "Don't waste your time with facts, I've already made up my mind". Don't be a sook. Buybacks are right some bad. Just ask buddy down the road. 
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