Gear Energy Ltd T.GXE

Alternate Symbol(s): GENGF

Energy Oil & Gas E&P

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

Gear Energy Ltd > Gear and NewCo

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Comment by lovehockeyon Dec 02, 2024 3:19pm

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Post# 36341317

RE:RE:RE:Gear and NewCo

With divs considered, let's make it more right - you will get $0.612 per share. For people who were buying below 58 cents it is a great deal, for others, not so much, you are right.

However the real gamble is in NewCo. At this point there is simply not enough information on it, which will come out before the vote.

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