Gear Energy Ltd T.GXE

Seriously

[Reachme]

A deal will surely be made before oil goes up again....assets will worth more when oil is higher

[lovehockey]

There will not be a deal. Deals are usually made behind closed doors. This was done to drop the divs and extra cash to be sent to purchase own shares. There is now understanding if you don't buy your own shares they will get destroyed. 

[Reachme]

At this point who knows?!?......still looking to at least make a double with Gear....

[lovehockey]

If they truly want to find the best way to give the best value to the shareholders they will not sell it but start buying their own shares. At least it will fix the low volume issue. Buyback is the only solution to fix so many problems when it comes to this stock. Nobody will want to buy your company at fair value if the company doesn't want to buy its own stock. No shareholders of potential

[Roscoe747]

Seriously, you two need to employ logic, not speculation in your comments. One dearly held speculation is the onset of the great price equaliser, the TM pipeline. The federal gov. was pickpocketed by all and sundry during construction with the upshot of a 30+ bn cost is such high tarrifs that it wipes out any competitive advantage. If it hasn't come to pass yet, oil shortages are a pipe dream

[Maxmoe]

Sad but true, the silver lining of the feds blowing OUR money on a pipeline, is government accounting. They don't carry a balance sheet per se. when they spend $30 Billion on a pipeline, it comes out of the Federal Deficit as it's spent. When it's done, they will, as fast as they can, sell it for whatever they can get. If they sell it for $5 Billion and take a $25 Billion loss, you won

[Roscoe747]

Cynical but true enough. I like the premise but it is prudent to wait for the toll application to be adjudicated because it is based on the $30 bn. Sure its unreasonable but it is what it is. TMX has been sending $millions of 'surplus' pipeline stuff to Ritchie Bros auctions in Chilliwack. Sold at pennies on the dollar, it's just another example of entities making out like bandits on