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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 tylerreddickon Dec 31, 2024 11:36am
92 Views
Post# 36382312

RE:RE:Up again tommorow?

RE:RE:Up again tommorow?

I thought that maybe it could reach 53 on a bounce, but there is some resistance today.

So I took my $2500 'beer money' profit today. Not bad for a few days work.
I might have held for a bit longer, to wait for more dust to settle, but I was using margin and hate paying interest.

Those who hold should be able to squeeze a few more bucks out of the play, but I still don't see how they will make their guidance. They will certainly not double production, unless they get very, very lucky.

Management still sucks. Good luck.

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