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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 MustangMatton Feb 02, 2024 1:06pm
126 Views
Post# 35859886

RE:RE:Kelt to the moon!

RE:RE:Kelt to the moon!
First off PabloLafortune, I appreciate and rescpect your comments.  For years you and I were virtually the only ones posting here.  At times you yourself have been critical of Kelt's abilities i.e poor hedges, poor marketing etc. 

If we look at the 10 year chart, the performance is abysma, with lot's of "buying opportunities".  Some of this is sector and country specific granted, I get that, however, look at the 10 year chart of Tourmaline, Whitecap etc.  Some companies even, gas centric companies have thrived in this environment.  

Do you remember when Celtic consistently beat guidance?  Kelt consistently does not meet guidance, they sold the crown jewels for peanuts at the bottom of the cycle.  This is important, they sold it at the low because of the MISMANAGEMENT of the companies financials and the POOR relationships they have with lenders.

I have only made money trading KELT, holding kelt long term has been a decade long plus loser and those are the FACTS! 
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