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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 > NCIB
View:
Post by Luckyeleven on May 10, 2022 1:12pm

NCIB

Hopefully the company scooped up some shares today on the cheap. Recent selloff may work out in our favour as long as we rebound at some point.
Comment by geezer21 on May 12, 2022 3:17pm
In all likely hood GXE is scooping up shares.  Shareholders are selling off at reduced prices while the intrinsic value of those share they are selling off is increasing as the size of the float declines with the buy backs. As a result when Q2 results (which will be substantially even better then Q1) come out the earnings/share will be even greater as there will be fewer shares dividing up ...more  
Gear Energy Ltd
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