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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 > We are due
View:
Post by Luckyeleven on May 26, 2022 7:50pm

We are due

For a 10-15% upday. Not sure if the company has started their NCIB but if the have it sure isn't giving the share price any momentum. Not all that much to complain about but it was a bit of a disappointing day. When the stock looks like it's about to pop we have been getting some heavy resistance. Hopefully one day the sellers will disappear.
Comment by CandyC on May 26, 2022 10:24pm
I'm guessing that they will opt in for the one time NCIB purchase instead of the daily limit.   
Comment by Luckyeleven on May 26, 2022 10:44pm
I hope no better to do an average imo. The stock was as low as 1.36 to weeks ago when the NCIB was to start. I'm hoping they bought some cheaper shares. Also buying daily helps support the share price instead of a one time buy. 
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