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Bullboard - Stock Discussion Forum
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.
see more
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Bullboard (TSX:GXE)
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(110)
•••
lovehockey
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Comment by
lovehockey
on Nov 21, 2024 3:08pm
RE:RE:RE:RE:gxe
Buying at market price usually means buying from ASK side, which is a wrong thing with Gear, at least for now as you know it will be washtraded down anyways. I suggest you cancel drip and just buy the
...more
(12)
•••
jer13leafs
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Comment by
jer13leafs
on Nov 21, 2024 2:25pm
RE:RE:RE:gxe
I try to buy on limit just below ask as you suggested, works sometimes. Problem every month when they do the DRIP it buys at market and pushes price up 1-2 cents only to come back down. LOL I
...more
Energy Co Unveils Q3 2024 Results: Record Growth & Strategic Expansion
posted Nov 21, 2024 9:00am by
Coelacanth Energy Inc.
-
|
In Q3 2024, Coelacanth started the construction of its planned $80.0 million infrastructure project that includes over 35 kilometers of pipelines and a facility to handle current behind pipe volumes and future expansions. Ultimately the facility will be able to handle approximately 16,000 boe/d of which Coelacanth has approximately 4,400 boe/d tested but shut-in at the 5-19 Two Rivers East pad ...read more
(110)
•••
lovehockey
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Comment by
lovehockey
on Nov 21, 2024 12:28pm
RE:RE:RE:gxe
Tou are on the right track. Imagine you can double the amount of shares with divs cheapin the next several years and the stock price will be several dollars. If it is in TFSA - that is some good
...more
(234)
•••
pierrelebel
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Comment by
pierrelebel
on Nov 21, 2024 11:53am
RE:RE:gxe
"... try not to buy from ASK..." I agree. My wife and I have accumulated 103,000 shares so far placing bids one cent below whatever the current bid is at the time. If we do not get a
...more
(110)
•••
lovehockey
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Comment by
lovehockey
on Nov 21, 2024 11:34am
RE:gxe
Yes, and that is why this is likely one of the best stocks in Canada for long term hold. Get in in TFSA, RESP and have DRIP or simply buy the shares when there are dividends. Debt free soon, high
...more
(360)
•••
baranja
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Post by
baranja
on Nov 21, 2024 11:24am
gxe
This is the only, that I can see, oil company that hasn't start move away from the bottom. Still seating at the bottom. I would rather have buybacks here, instead of dividend. This
...more
•••
Jonathon Brown
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Post by
Jonathon Brown
on Nov 21, 2024 6:55am
Buzz on the Bullboards: Bombardier, world woes, a smart fridge, and top shelf weed
A highlight of the week was Bombardier (TSX:BBD), which reported impressive growth in its Q3 2024 results.
read article.
(5)
•••
freedom-1970
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Comment by
freedom-1970
on Nov 20, 2024 6:45pm
RE:Conservative date for GXE being debt free - Feb 15, 2025
Cash flow going forward will be used to optimize existing acres. With today's new technology I think the recycling dollars will be in Q3 2025. NCIB is not happening in 2025.
(5)
•••
freedom-1970
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Comment by
freedom-1970
on Nov 20, 2024 3:06pm
RE:RE:RE:Loading while it still has debt
I have run the numbers against several other producers at this level. All metrics this one is cheap. Chipping away here as heavy spread keeps decreasing and Trudeau destroys our dollar...
(110)
•••
lovehockey
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Comment by
lovehockey
on Nov 18, 2024 6:56pm
RE:RE:Loading while it still has debt
Fundamentally it has been good for year. The problem with this stock is that it is small, pays dividends and doesn't do buyback. All of these factors make it a very easy target to manipulate the
...more
(110)
•••
lovehockey
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Post by
lovehockey
on Nov 18, 2024 4:00pm
Conservative date for GXE being debt free - Feb 15, 2025
That is 89 days away. Everything should change then. Most important thing is AI trading controlled by sophisticated washtraders will be slowly squeezed out. It will be a different company, hopefully
...more
(7)
•••
Iliveinavan
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Comment by
Iliveinavan
on Nov 18, 2024 3:58pm
RE:Loading while it still has debt
Fundamentally GXE is in pretty decent shape, but the sentiment around the stock is bewildering. I'm with you and added 200k @.51 last week...holding 300k now (avg .56). While I don't think it&
...more
(110)
•••
lovehockey
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Post by
lovehockey
on Nov 18, 2024 1:30pm
Loading while it still has debt
Buying as much as I can while the stock still has debt. It will be a much different picture when it becomes debt free. $520k purchased from the bid side today will fetch you $5 monthly but also that
...more
(16)
•••
scienceguy36
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Post by
scienceguy36
on Nov 15, 2024 4:27pm
Ex Divy today
Did not expect SP to rise, especially with oil down!
(5)
•••
freedom-1970
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Comment by
freedom-1970
on Nov 14, 2024 8:44pm
RE:The longer term problem
First Trump will take a million barrels off line with Iran .. demand is growing every year . And the American producers will not increase production without solid prices to support investment.
...more
(2094)
•••
tylerreddick
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Post by
tylerreddick
on Nov 11, 2024 8:28am
The longer term problem
Trump is going to disrupt world trade and cause a recession in the US. That will hurt the demand for oil, full stop.
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