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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 > 53 cent ceiling?
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Comment by tylerreddickon Jan 13, 2025 9:23am
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Post# 36400902

RE:RE:RE:RE:53 cent ceiling?

RE:RE:RE:RE:53 cent ceiling?rusty, not so sure about your reasoning.

The "deal" values Lotus shares at about 30 cents, while the market says they aren't worth anywhere near that valuation. So I don't see anyone anxious to take any more Lotus shares than they are forced to.
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Dealroom for high-potential pre-IPO opportunities