(Editor's Note: Investors should be mindful of the risks of transacting in securities with limited liquidity, such as GENGF. Gear Energy's listing in Toronto, GXE.TO, offers stronger liquidity.)
Gear Energy (OTC:GENGF) is engaged in exploration and production of oil and natural gas reserves. Since its listing in the OTC exchange in March 2014, the stock has surged by 39.9% and the rally has been supported by strong fundamental factors.
In the recent past, I have discussed how few energy companies have used acquisition to boost their production growth with an initiation coverage on Energy XXI (NASDAQ:EXXI) being the most recent example. Gear Energy has also followed the same strategy with an acquisition, which was closed on...
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