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

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TSX:GXE - Post Discussion

Gear Energy Ltd > Bought 8000 shares at closing

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Post by YesSetForLife on Sep 20, 2023 4:01pm

Bought 8000 shares at closing

Paid .85

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Comment by irinka37 on Sep 21, 2023 12:45am

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Comment by tylerreddick on Sep 21, 2023 12:35pm

I hope you did your own DD and not just listen to the pumpers. GXE is a company that has to be researched closely, not just taking someone's word for it that it is a buy. JMO

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Comment by NotThatBright22 on Nov 28, 2023 3:38pm

You sold your .85c shares today....WOW!

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Comment by YesSetForLife on Nov 28, 2023 3:49pm

I Really think that the company real value is about .50 so

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Comment by baranja on Nov 28, 2023 4:00pm

Probably, maybe less. BTE just sold 4K bpd pure 100% light oil for $150 M. so this one should be expected fo go for $100 M.. so close to 40 cents per share

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Comment by lovehockey on Nov 28, 2023 5:26pm

40 cents would have been nice. GXE can buy back 25 million of their own shares for $10 million.

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Comment by Maxmoe on Nov 28, 2023 10:11pm

What did you think it was worth when you bought it at 85? AND what has changed since then other than the price of oil? My rule of thumb when I buy small cap anything, but especially energy stocks, is a realistic target of 100% upside over 1-2 years. I recently bought GXE with that target. Really.

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