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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 Nov 21, 2024 11:34am
32 Views
Post# 36323914

RE:gxe

RE:gxeYes, and that is why this is likely one of the best stocks in Canada for long term hold. Get in in TFSA, RESP and have DRIP or simply buy the shares when there are dividends. Debt free soon, high torque junior producer, pays dividends. Buy it only if you are in there for long term, and try not to buy from ASK - many reasons why but the biggest one you will buy it cheaper. 
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