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Bullboard - Stock Discussion Forum 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... see more

TSX:GXE - Post Discussion

Gear Energy Ltd > Very Impressed
View:
Post by bonjovi501 on May 05, 2021 10:45pm

Very Impressed

good report and looks like GXE has a lot of potential as each quarter passes and no debt within a year. Finally things are looking up.
Comment by retiredcf on May 06, 2021 10:16am
Solid results under the circumstances but as typically happens, the "Buy on Rumour, Sell on News" daytraders are locking in their quick profits. For those of us who are longer term investors, this presents another buying opportunity. GLTA
Comment by bonjovi501 on May 06, 2021 10:21am
Oil has an uphill battle as news cycle's aim to destroy oil narrative. Now it is the Line 5 dilemma and next week something else. One thing for sure is oil is going higher and they can not stop it. Little hiccups along the way which are annoying.
Comment by mlcb2525 on May 06, 2021 10:44am
I have constantly seen on mainstream media, stories about how oil is heading up and that Shale producers are showing restraint and a focus on cash flow. The Line 5 story is real and not some made up story. The Michigan govenor ran on a platform which included the shutdown of Line 5. She is playing to her base. In a way, I wish this would happen as I would enjoy seeing all the screaming when gas ...more  
Comment by Backinblack1000 on May 06, 2021 10:50am
This post has been removed in accordance with Community Policy
Comment by Baseballfury on May 06, 2021 11:34am
She would need to get courts involved at this point and there is also a lesser known act between U.S. and Canada from the 70s that could prevent her from doing it as well. It is fun for me to watch Trudeau and his band of idiots having to fight to keep the pipeline open though - especially after alll their rhetoric around climate change and what they have done to Alberta and Saskatchewan.  ...more  
Comment by Backinblack1000 on May 06, 2021 10:32am
This post has been removed in accordance with Community Policy
Comment by WCWiteration3 on May 06, 2021 11:36am
long timer are you? cannot remember your boosting here.  My luck was buying at 40ish just weeks before the pandemic slammed everything, and oil  really bad.  new it was a good company so held on and bought more at 30ish.. a year later the 40 buy is a double and the 30 buy near tripled.. in a year and a bit hmmm, knew gxe was good.  never slammed it like a few have but those ...more  
Comment by retiredcf on May 06, 2021 1:51pm
WCW - I said I am a long term investor, I didn't say I had been a long term investor in GXE. I actually purchsed it last week because I tend to agree with Eric Nuttall, that at these energy prices, GXE should be a cash cow. And I will remain a shareholder until this positive scenario becomes negative which I don't see happening for at least the remainder of this year. GLTA
Comment by masfortuna on May 07, 2021 4:37am
Hey retiredcf can you please stop following me lol! It seems like everytime I buy shres in a company I find you have done the same.  I guess great minds DO think alike. I just bought gear this week. As well as Cardinal and Meg. Nutty did make some good points about cashflow on Cardibal as well (and athabasca). Mas
Comment by retiredcf on May 07, 2021 12:47pm
If it makes you feel any better mas, you purchased Cardinal and Meg while I purchased ATH. So we're not doing eveything together. Cheers. 
Comment by fogduckker on May 07, 2021 11:49pm
Mas, LOL, I seem to have the same "problem". Consider youself lucky! RetiredCF is sort of like a good omen. I see in one of his posts that he mentioned that he took the Canadian securities course. Not sure how he did on the exam...but he sure has aced the practical part. I post very little but sure do enjoy useful and intelligents posts from the likes of RetiredCF. Now if only he would ...more  
Comment by Joe455 on May 08, 2021 12:38pm
Fogducker - great name. Wish I would have thought of it.
Comment by masfortuna on May 08, 2021 10:27pm
Yup I agree. If I could put him on my keychain next to my rabbit foot, I would. He's very "even keel" in comparison to many of the posters I encounter and I respect that.  You should join us at Sangoma.  I see big things for that one in the future. Mas
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