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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 > Opportunity Knocks
View:
Post by masfortuna on Feb 07, 2023 7:26pm

Opportunity Knocks

WCS is now $58.41.  If you believe wti oil will trade higher than $76, and you factor the penalty wcs has suffered from is over, this may turn out to be a  great buying opportunity. I still think we will see $1.50 sometime in the spring. Seasonality will add to the upswing as well in about 6 weeks.  Golden...
Comment by JTDOUBLE on Feb 07, 2023 7:38pm
Mas i think the demand in Asia has risen  already.. Saudi just increase 2 bucks per barrels on prices next month.. if they did not see the demand it will be shelves otherwise..  yes your right oil seasonality Feb-June , we see this how it unfolds given its historical price ..Odds and probability are much leaning to higher price ..
Gear Energy Ltd
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