Great day for adding to my position
Kelt stock is an easy double from here, and when you get the stock at these cheap prices, i just keep adding.
What is the risk of buying Kelt under 7 dollars, a debt free company that can sit on its hands for a year if it has to.
Debt free has its advantage, and it means the banks are your friends, look at baytex and CPG now with all that debt and Eric Nuttal that says he wants to get paid?
Share buybacks are the evaporation of capital, and kelt being in the business of oil and gas know how to create more values for less dollars then buying back stock.
A good day to be buying Kelt stock.
IMHO