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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 lovehockeyon May 30, 2024 12:37pm
251 Views
Post# 36064668

RE:RE:RE:RE:RE:Divvy vs buyback

RE:RE:RE:RE:RE:Divvy vs buybackWith divs and no buyback Gear is going to be insanely boring stock with low volume and no fluctuations unless they somehow bring the divs back to 1 cent per share. It appears to me that some of the biggest shareholders that want to go really long. I am also long but usually I do like a little more excitement than Gear will have to offer. I will not exit as I will just be buying more shares with the divs but I probably will not be posting here for a while as there is no longer mid term interest for me. 
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