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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 > Tax pool
View:
Post by Jenser on Jun 06, 2022 12:58pm

Tax pool

Not to worry, this one will be taken out eventually. Tax pool of over half a billion dollars not to be ignored much longer with all the profits being made.
Comment by JTDOUBLE on Jun 06, 2022 1:12pm
Agreed !! The tax pool is more than tge marketcapilization of 407 Millions..   Quaterly cash flows close to 16 millions!! Given the price of oil and gas this could easily jump to 18-20 millions.. Six new oil wells and 49 new minted gas wells .. Management too prudent with their forecast here looking as the next couple quarters even for single digits growth easy 2-3 bucks here given ...more  
Gear Energy Ltd
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