Gear Energy Ltd T.GXE

tallpaul

[tylerreddick]

I have been investing in the Canadian oil patch for decades, and if you saw all of the self-dealing and insider pocket-padding I have witnessed, you wouldn't go anywhere near the sector, especialy the tiny producers like this one. 

There is money to be made by trading these stocks, but most people thinking they are long term investments most often get disappointed. Don't forget that all of the easy oil-gas has been found, and these companies are continually depleting their reserves, needing to replace them with ever-more expensive product. Hardly a recipe for solid long term growth.

[tallpaul]

Mornin" Tyler If it is any consolation the canadian small cap mining space, especially precious metals, is probably even worse for nefarious share holder actions. And the analysts and executives in that sector whine/complain/moan that there is not enough share holder interest to finance the juniors!!

[tylerreddick]

Considering how utterly useless the Canadian stock regulators are, I guess we shouldn't be surprised at all of the disgusting things that go on in the market.