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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

Post by lovehockeyon Dec 11, 2024 3:34pm
111 Views
Post# 36357373

When there was buyback threat the stock went to $0.80

When there was buyback threat the stock went to $0.80Why would shareholders take 60 cents for half of their shares now and 18 cents for their other half. That would have been the silliest thing to do if they could push the stock price to $0.80 by just buying and cancelling a little bit of shares specilally now that the company is supposed to be debt free. HIGHWAY ROBBERY OFFER
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