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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

Bullboard (TSX:GXE)

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Post by tylerreddickon Dec 23, 2024 2:56pm

baranja

You called the Q3 report "good", so not quite sure how that has changed so materially?
Comment by baranjaon Dec 23, 2024 10:38am

RE:RE:RE:RE:RE:There Is a MARKET For HEAVY Oil: BTE Just PROVED IT !

This is still one giant P.O.S. and clown management.
Comment by tylerreddickon Dec 22, 2024 6:29pm

RE:RE:RE:RE:There Is a MARKET For HEAVY Oil: BTE Just PROVED IT !

If you were paying attention, I posted my calculations on what the different parts of the deal were valued at, and all I am saying is that buying at these levels is a lot lower risk than when all of ...more  
Post by greyowlon Dec 22, 2024 4:57pm

Last Year's Strategic Review by GXE

Gear opened thier dataroom during last year's Strategic Review that generated  some  interest but no deal - (GXE share price was double what it is now during that review > 90 ...more  
Comment by baranjaon Dec 22, 2024 1:31pm

RE:RE:RE:There Is a MARKET For HEAVY Oil: BTE Just PROVED IT !

After sh*ting over the company, now he entered long position, and now this is the best company on the planet.
Comment by lovehockeyon Dec 21, 2024 12:07pm

RE:RE:There Is a MARKET For HEAVY Oil: BTE Just PROVED IT !

I am not sure if you pretend not to understand the part why most people want to say no to this deal or you are struggling to see what is happening after about 100 messages written about this. CVE ...more  
Comment by tylerreddickon Dec 20, 2024 5:45pm

RE:There Is a MARKET For HEAVY Oil: BTE Just PROVED IT !

GXE got a fair price for their heavy oil assets.  People are pizzed because they never did proper DD and paid too much for their shares. Like I said, instead of whining, they should be buying ...more  
Comment by ztransforms173on Dec 20, 2024 3:50pm

RE:There Is a MARKET For HEAVY Oil: BTE Just PROVED IT !

- better now: - $ 42 million for 2,000 bbls/d of HEAVY crude oil - it SOLD for ~ 0.624 of the FLOWING BARREL RATE that Cenovus Energy is PAYING for the Gear Energy HEAVY oil ...more  
Post by ztransforms173on Dec 20, 2024 3:44pm

There Is a MARKET For HEAVY Oil: BTE Just PROVED IT !

- $ 40 million for 2,000 bbls/d of HEAVY crude oil - it SOLD for ~ 2/3 of the FLOWING BARREL RATE that Cenovus Energy is PAYING for the Gear Energy HEAVY oil assets ^^^ Baytex Announces ...more  
Comment by lovehockeyon Dec 20, 2024 1:24pm

RE:If everyone votes no,

This deal is a horrble thing. This stock was trading in $0.70 range in July-Aug, that was only 5 month ago. What you get now is 30 cents on a share and unknown dud which they say will be great after ...more  
Comment by greyowlon Dec 20, 2024 12:45pm

RE:If everyone votes no,

Hopefully something like what happened to Step Energy Services. Everyone gracefully backs away from this bad deal and gets back to work. Comments from Step after thier attempted takeover vote last ...more  
Comment by petrolia1on Dec 20, 2024 12:38pm

RE:If everyone votes no,

A- deal gets voted down .B-kill the dividend.C-Don Grey could come back as ceo (a la Steve Jobs)if he had any sense of honor. D-be disciplined with capital allocation. D-buy back shares. 
Comment by yycinvestor90on Dec 20, 2024 12:30pm

RE:If everyone votes no,

Whatever happens will be better than what they proposed.
Post by tylerreddickon Dec 20, 2024 12:20pm

If everyone votes no,

I am just wondering what you think would happen next? Or what you would like to happen?
Comment by petrolia1on Dec 20, 2024 12:14pm

RE:RE:2023 oil reserves report

tylerreddick,I do what Sedar is.Its interesting management  seems to be going out  for their to make information  more difficult to obtain. I will vote no.Many of you have been around ...more  
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