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Kelt Exploration Ltd T.KEL

Alternate Symbol(s):  KELTF

Kelt Exploration Ltd. is an oil and gas company, focused on the exploration, development and production of crude oil and natural gas resources in Western Canada. The Company primarily operates in northwestern Alberta and northeastern British Columbia. The Company's assets are comprised of three operating divisions: Wembley/Pipestone in Alberta; Pouce Coupe/Progress/Spirit River in Alberta, and Oak/Flatrock in British Columbia. Its British Columbia assets are operated by Kelt Exploration (LNG) Ltd., a wholly owned subsidiary of the Company.


TSX:KEL - Post by User

Comment by mrmomoon Aug 08, 2023 7:02am
123 Views
Post# 35576994

RE:RE:RE:RE:Time to unload some .......

RE:RE:RE:RE:Time to unload some ......."My question is, who is buying shares at these levels and under the current market scenario that you dexcribe?"

My guess.....assuming that there's an actual TO in the process.......or at the VERY least somekind of major transmortation ongoing in the company...........being either some divestiture or spinoff or some combo of both....then i assume as it's usually the case, it's the insiders that KNOW before anyone else publicly what's about to go down....including to a few folks (ie the MM's) close to those "insiders" that it has leaked down to. And usually that's the brokerages, parties & indivuduals that are involved or close to those that are.......who have been buying up the shares UNTIL it reaches its CRITICAL value. Which i beleive is around these levels. This is what happens when the assets are eventually "monteized" to their actual value in a major transaction and it's been leaked to hanfull of peoplel..

GLTA


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