Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 tylerreddickon Jan 15, 2025 9:18am
127 Views
Post# 36404671

tallpaul

tallpaulI have been investing in the Canadian oil patch for decades, and if you saw all of the self-dealing and insider pocket-padding I have witnessed, you wouldn't go anywhere near the sector, especialy the tiny producers like this one. 

There is money to be made by trading these stocks, but most people thinking they are long term investments most often get disappointed. Don't forget that all of the easy oil-gas has been found, and these companies are continually depleting their reserves, needing to replace them with ever-more expensive product. Hardly a recipe for solid long term growth.
<< Previous
Bullboard Posts
Next >>