Gear Energy Ltd T.GXE

What a day

[CountryBoy69]

A while ago l posted l had talked to our CEO Ingram Gilmore and l came away thinking something was in the works , a tuckin or a land acquisition , well it seems it was a land package to bolter drilling opportunities and positioning Gear for the future. Nobody likes a div cut , but today's selling was pure lunacy.A 15% drop in SP because of a 6% div cut.Panic selling or Frenzied buying is not an investing thesis.Fortunately it seems their are a lot of pragmatic , loyal shareholders here , along of course with theI told you so idiots who don't own or have the attention span of a Flea. With the $1350000 per month saving from the div reduction , over the next 5 months l would like to see the following . 1 million a month debt reduction to show the Street MGMT means business and that would cut the debt by a third by year's end. The rest or part devoted to additional land buys and if the price of oil holds strong or increases then GXE and us that held will be major beneficeries.

[w8asec]

Well what you write makes a lot of sense... especially the $1MM a month debt reduction to let the street know that MNGT mean business.... sadly to this point all MNGT has done is show the street they are useless amateurs.... I hope for our sake things change ,,, but to be honest these guys are forking CLOWNS, and this is my worse holding for that reason ALONE... How are these BOZO's going to

[lashing]

countryboy calls it a 6% div cut. LOL .... 50% becomes 6 in special math class? So wrong for so long. There is not way you actually have any money. 

[CountryBoy69]

Good day Mr Brat \ Braggart , you full well know l was pointing out the 12% div was cut to 6% , but you always could spin garbage as the Board Trashmen , Remember Fantome ,Clown .Now of late you seem to love treating Hockey as your pet whipping boy since for some reason he avoids confrontation and doesn't defend himself against a big yap Bully boy.Doing just a little DD it's interesting