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... see more

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TSX:GXE - Post Discussion

Gear Energy Ltd > ok

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Post by swale13 on May 07, 2021 3:01am

ok

management owns 11% and Eric has 10 %

its not BNE with 30 million shares but that tightens things up

Institutional owner ship is .. not really here yet

can you miss the boat and still be early ?

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Comment by Backinblack1000 on May 07, 2021 10:42am

This post has been removed in accordance with Community Policy

Comment by Chris007 on May 07, 2021 12:28pm

Nutall owns 9.9% of the company as per his comments on market call (april 30 appearance): Gear Energy is a deeply discounted small cap oil stock that is well-run, shareholder friendly, and potentially debt free by next year. With 20 years of “stay flat” inventory, Gear Energy will free cashflow its entire market cap every three years at $65WTI, meaning they could privatize themselves over six ...more

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Gear Energy Ltd