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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 > Nuttall
View:
Post by Roscoe747 on Feb 24, 2023 1:59pm

Nuttall

"The fear of peak demand is leading to the reality of peak supply".

The short term issues of inflation, interest rates and recession can only mask the reality of finite supply in an environment of underinvestment for the same short term.

Reality is that ALL energy supplies will be too little in a future where westerners will not reduce comforts and growing emerging economies demand better lifestyles.

Global energy demand is reverting to coal as renewables disappoint and oil becomes more politically fraught. There is no exit from the peak oil supply threat thanks to Greta, Joe, Justin and their coterie of climate loons.

What this means for GXE is ever more valuable reserves. Especially when TMX starts filling the new pipe this fall at world pricing.
Comment by lashing on Feb 24, 2023 2:23pm
He's been sayaing that all year. You are down what? 30%? OIl will go up but holding thru the downs is just funneling money into traders pockets, like the banks and NUTTALL
Comment by Roscoe747 on Feb 24, 2023 5:01pm
Instead of mindless yapping, try actually reading what I post. I'm on a full position @ $1.04 after selling @ $1.11.  I jusr sit back and laugh at arrogant morons like you belittling others who can buy you for pocket change.
Comment by navajojoe on Feb 24, 2023 6:59pm
This post has been removed in accordance with Community Policy
Comment by lashing on Feb 24, 2023 7:30pm
I like NUttall and he is very reaserched and armed with math. But have to agree. While he is no dummy, his current fame was all based on the drastic fall of 2020. 10x 20x and some of those bottoms from march 2020. That run is obviously over and the market has to have another crash to provide such gains again. So he is pretending fairly valued stocks are "triple baggers" when the truth is ...more  
Comment by Reachme on Feb 24, 2023 9:25pm
Nuttall is like a used car salesman.....
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