Street Smart Investor
Long-term horizon, energy, natural resources, micro-cap

Gear Energy: Gearing Up To Surge Higher

(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.)

Initiation Summary

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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