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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... see more

TSX:GXE - Post Discussion

Gear Energy Ltd > A Nice Little Recovery So Far
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Post by marquac on Jan 25, 2022 2:53pm

A Nice Little Recovery So Far

Up $.07 (6.73%) at 1:48 PM CST.  Not too bad at all.  Would I be wrong in thinking that maybe a new floor has been established for Gear?  Outside of some catastrophe destroying the oil price.

I was happy to read in the update that reaching debt free still seems to be on target.   I've noticed that they haven't been really promoting anything specific with regards to return of capital to shareholders.  It will be very interesting to read the Year End Report.

Still pretty darn happy to own Gear.  I've got 74,600 shares at about $0.78 so I am hoping that this ride is going to continue for quite awhile.
Comment by CandyC on Jan 25, 2022 8:52pm
Discusses return to shareholders in interview here.  https://www.bnnbloomberg.ca/video/we-re-on-the-path-to-shareholder-returns-early-next-year-gear-energy-ceo~2338378
Comment by marquac on Jan 25, 2022 10:48pm
Thank you, CandyC.
Comment by CandyC on Jan 25, 2022 11:49pm
Your welcome.  After Market Call at 1:20 Friday Eric is also on https://twitter.com/i/spaces/1nAKEYqVllvKL
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