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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 > Enough Already
View:
Post by geezer21 on Nov 29, 2022 10:43pm

Enough Already

Debate the issue but leave out the personality slanders.
Comment by masfortuna on Nov 30, 2022 11:19am
Normally i would agree with that BUT he has no class. For there to be a debate, both parties need to support their sttaements.  He has not because his statements are not accurate. I provided my info directly from GXE and yet that wasn't good enough.  He has still to provide any info that indicates GXE cannot pay their dividend at these levels. 
Comment by Roscoe747 on Nov 30, 2022 12:31pm
  The likely explanation for such rude behaviour is that these trolls are junior phone chimps at a brokerage whose 'special projects' include trying to influence more market activity by inciting an emotional response.  Longs are untouchable and cannot be scalped unless they trade. Traders want volume for their algos to attack. They use emotional attacks to incite selling.
Comment by masfortuna on Nov 30, 2022 4:45pm
Never thought of that Roscoe. I guess it might work but I haven't sold a single share of GXE since I bought 2 years ago.  I have added as I did  this week but only in small quantities.  In all fairness, I am disappointed with our sp at the moment but the divy helps. Gl!
Comment by navajojoe on Nov 30, 2022 2:58pm
This post has been removed in accordance with Community Policy
Comment by masfortuna on Nov 30, 2022 4:49pm
Are you dumb? So oil drops and they make less money. That's a revelation to you? As I posted already, they have a net surplus. That net surplus wil decline if oil drops but it's not the samething as saying they can't afford the divy.  ***Where is your proof that they can't afford a divy?  You sir are a clown.
Comment by navajojoe on Nov 30, 2022 5:24pm
This post has been removed in accordance with Community Policy
Comment by masfortuna on Nov 30, 2022 7:49pm
Sure they can use the surplus??? That's your answer??? So then they can pay the divy.  That was the argument. So basically you are contradicting yourself and admitting that your statement was false. Except you don't even see that lol! As for the name calling...You can't win an argument with a stupid person.  And FYI, If you had said  "If oil drops dramatically they ...more  
Comment by navajojoe on Nov 30, 2022 8:02pm
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Comment by masfortuna on Dec 01, 2022 2:12am
you keep changing your tune.  The argument was NOT whether using the surplus was sustainable. You keep moving the goalposts. That's why nobody is chiming in. You must be a real pleasure to be around at home :)
Comment by navajojoe on Dec 01, 2022 8:23am
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Comment by masfortuna on Dec 01, 2022 8:29am
Sounds good "except" that's not what you said. NOT BEING ABLE TO PAY THE DIVY A THESE PRICES is what you said. Anyhow I am putting this to rest. If you don't think they can pay the divy and that is a concern for you, then go sell your shares. I have been buying at these levels and in about 2 weeks I will sell 15-20% higher. I keep that core intact that I bought 2 years ago which ...more  
Comment by navajojoe on Dec 01, 2022 9:52am
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Comment by masfortuna on Dec 01, 2022 9:59am
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Comment by masfortuna on Dec 01, 2022 10:02am
And for good measure: Me a) Sounds good "except" that's not what you said. NOT BEING ABLE TO PAY THE DIVY A THESE PRICES is what you said.  You b) What I said: "At today's oil price they aren't making enough to pay the dividend." Both statements mean the same thing except you are too dumb to know that. STAY IN SCHOOL KIDS!
Comment by navajojoe on Dec 01, 2022 10:20am
This post has been removed in accordance with Community Policy
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