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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 > Buy buy buy
View:
Post by lovehockey on Sep 01, 2022 10:08am

Buy buy buy

US SPR is running out of sour oil. 8 more weeks and we will see the real price of oil in Dec and 2023. Crack cocaine heavy user which is the US flooded the streets with its own stored supplies of the drug hoping it will bring the prices down. It did but only until the supplies last
Comment by Roscoe747 on Sep 01, 2022 10:53am
There is a huge impetus to complete a deal with Iran on any phony pretext that will give Biden political cover before the midterms. The oil market is already discounting such a deal.  The entire phony market manipulation - SPR, products blowdown, Iran deal - will collapse if demand destruction does not occur.