Gear Energy Ltd T.GXE

2023 oil reserves report

[petrolia1]

On the gear  website  not able to find 2023 oil reserves report .I had a conversation with  Gillmore shortly before his retirement, he said gear proved producing reserve discounted at 10% were worth $.75 per share. What has happened  so suddenly??Newco shows reserves of$.66 and will cost us $ 2 dollars  a share.Where is the board fiduciary responsibility?what happened to Don Grey,last insider report shows him holding more than 8.5 million shares ,in may 24 he bought 294500 at$.77,how could  he vote for this deal?Should insiders be forced to disclose their election for cash or shares?

[tvstock]

Voting NO is thr only way to rescue ourselves.  Actually if forced, i will rather have for ALL CVE shares,  making sure these guy lost their jobs. CVE with all their capital and economy of scale definitely can develop the Lotus lands much much better. at least they can easily eliminate a lot of these managment posts. Pretty likley something is under the table. These guys are taking

[baranja]

The shareholders lose in soooooo many ways here, it is insane

[tylerreddick]

The only losers are those who paid too much for their shares Now is probably the time to be buying, not whining.

[tylerreddick]

If you are looking for past reserves reports, everything is in SEDAR. Do you know what SEDAR is?

[petrolia1]

tylerreddick,I do what Sedar is.Its interesting management  seems to be going out  for their to make information  more difficult to obtain. I will vote no.Many of you have been around  for a while will be familiar  with Don Grey boasting  in the past how most  executive people  in the oil patch were wealth  destroyers,seems he has joined  the club.