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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 traderlong2on Jun 18, 2024 8:31pm
170 Views
Post# 36095177

RE:RE:RE:Large shareholders run this show

RE:RE:RE:Large shareholders run this show
I agree with most of that
I own a lot of shares and love the divy almost 9%
thats one of the reasons i invested in gxe
and the same i take my divy and buy more shares this is a good thing not a bad thing imo
insiders were buying last month up to .78
I think the numbers are good and we will see in july
we have added some great new management that will want to prove themself's
above 74 oil all is paid for and the rest goes to debt WCS gains will also help
they can do both pay a divy apply capex and reduce debt fast at 80 dollar oil
interest rates will have no effect as gxe debt will be almost nil soon !

insiders issued a lot of options at .77 last month
I think they know it is either being sold for north of a buck
or they plan to take it there either way i am happy and get paid monthly
they have not bought in the 60ies that tells me they are either is a black out as a deal is in the works or something else at play
biggest key is getting BPD up
to me more important than buying back shares
institutional is not and has not been buying small cap regardless

These guys are not dumb
Filed 2024-05-10 16:23
 
Tx date 2024-05-10
$GXE
Gear Energy Ltd.
Johnson, Kevin David
4 - Director of Issuer, 5 - Senior Officer of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market
$98,560
+128,000 vol
$0.77 each
422,658  
Filed 2024-05-09 17:33
 
Tx date 2024-05-09
$GXE
Gear Energy Ltd.
Johnson, Kevin David
4 - Director of Issuer, 5 - Senior Officer of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market
$150,462
+192,900 vol
$0.78 each
294,658  
Filed 2024-05-08 11:01
 
Tx date 2024-05-06
$GXE
Gear Energy Ltd.
Gray, Don
3 - 10% Security Holder of Issuer, 4 - Director of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market
$226,765
+294,500 vol
$0.77 each
8,595,480  
Filed 2024-05-06 12:19
 
Tx date 2024-05-03
$GXE
Gear Energy Ltd.
Gray, Don
3 - 10% Security Holder of Issuer, 4 - Director of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market
$515,015
+705,500 vol
$0.73 each
8,300,980

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