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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 > Need real volume to break free
View:
Post by NotThatBright22 on Aug 11, 2023 4:02pm

Need real volume to break free

from the MM's
Comment by Roscoe747 on Aug 11, 2023 4:11pm
Good luck with that. MM s will need to see steady returns before venturing into small high beta names. That means GXE will be among the last to see joy from rerating. That also means the leverage will rise the longer its ignored and the rerating will go higher. While iets only worth a potential double now, in a maturing bull market, it will be worth that much more when the others are overbough
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