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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

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Post by CountryBoy69 on May 26, 2023 1:08pm

Mugs

What a farce as you said ,analysts that get paid to be so wrong as it makes them look actually stupid. The more stupid is those that pay them to be that wrong and mislead investors.Add the EIA which like the Nweatherman and the analysts rarely get it right 50% of the time. Their need prediction that due to Biden' and Market manipulators that they won't cut again is in my thinking a loser bet. I figure the Saudis have absolute contempt for the  current US regime and are more concerned about their own well being. They alre smart enough to remember the hit they took pursuing a strategy of curtailing US shale , that cost them probably a trillion or more in l dare you dare stupidity. We have driving season on the doorstep the fact that a Dem idiot deleted the SPR by around 250 million barrels. That Navajo is the equivalent of a million a day for two thirds of al year not if
 But when that loser decides that strategic policies override him and his party getting reelected. US politics the most disgusting form of what they call democracy , l doubt the Founding Father's dreamed for a minute how screwed up their system has become. Like  3rd world nations , they can't run an election in a day without childish drama. So my conclusion and while l don't agree 100% with Eric N , l do believe oil is going higher by at least $10 to $20  a barrel and all those smart enough to hold or add more will be rewarded and let's not forget our dividend , derided by some but l look at it as important especially if reinvested for more shares at lower prices. Nothing new in simple math and betting on a commodity crucial to survival as we know it today.
Comment by navajojoe on May 26, 2023 10:33pm
I do agree that politics has messed up the US, but it isn't Biden causing the present problems. That is all on the sheer insanity of the "freedom caucus". They don't give a rat's behind about the country, just what is in it for them, just like Trump.
Comment by navajojoe on May 26, 2023 10:38pm
Having said that, seeing some of the criminals behind the Jan 6th attack being put away for long prison terms gives me some hope that sanity will prevail. It won't change the fact that 30% of the american population remains mired in their sewer of hate, but at least maybe the country can start to function again. We need some stability to allow the markets to shake off the fear created by the ...more  
Comment by CountryBoy69 on May 27, 2023 1:38pm
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