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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

TSX:GXE - Post Discussion

Gear Energy Ltd > torque
View:
Post by Chefboy69 on Jul 18, 2022 9:45am

torque

as more shares are cancelled with the share buy backs...when oil moves up

the shares have a lot more torque to the upside...

same thing happend to my Suncor shares...they lagged for a while then BOOM

this will happen here too

1.25-1.30 by end of week is very possible

and 1.50's in next few weeks as long as oil stays high BECAUSE we will see a bumb in the dividend 
and i think a special dividend as well

GLTA
Comment by JTDOUBLE on Jul 18, 2022 2:08pm
Agreed Chefboy , all positive NCIB , no debts , variable dividends plus special dividends and insiders are buying and putting more skin on the game ..  The coming report solidified these , 15x12 metrics cents could easily bring price to 1.80 to 2 bucks here !!
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