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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 > Demand vs. Supply...
View:
Post by zack50 on Aug 20, 2022 10:37am

Demand vs. Supply...

Where's the oil going to come from? I'm pretty sure we're going to see higher commodity prices and thus, higher share prices.
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Comment by Roscoe747 on Aug 20, 2022 1:10pm
Yes. Inventory, SPR etc drawdowns will only camouflage the supply issue until the financial market in oil cannot paper over the supply deficit any longer. Winter demand will force a rerating, if not before.   
Comment by JTDOUBLE on Aug 20, 2022 1:41pm
Think of big boys manipulating so they can re-position themselves Cheap .. Yet Warren Buffet moves of trying to buy50% of OXY seems smart money started to flow in sector .. As soon as these big boys got there full position it will time to push since they are the price makers ..
Gear Energy Ltd
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