Kelt Exploration Ltd T.KEL

This stock is hot garbage.

[Cheadle12]

down 7% on zero news.

[PeterPP]

while index and oil is up big. NG is also up. really a piece of garbage.

[Cheadle12]

Pure, inexusable, garbage.   Oil up this down, NG up, this down.    It'll take years for this turd-cookie to claw back to $4, if ever.  Tourmaline is crushing it in Canada with acquisitions every quarter..   TOU just completed 2 acquistions alone in the last week alone that are 6x the production volumes of Kelt. Maybe this is why Kelt went down, investors

[KR1527]

well management has really failed to create any buzz or investor interest here ... yes we all know that energy prices have been challenged but what the hell are they paying management the big bucks for? 

[PabloLafortune]

What I think is, they have more assets to sell (and to buy?) which is why they haven't updated us. Only a few days now hopefully. A lot of these small players haven't made money for years and years, have a lot of debt with little hope to monetize assets at a significant premium. At least Kelt compared to others has NO DEBT a big plus and they still own some large decent? (not being in

[hawkowl1]

I was told they will have an new presentation when quarterly report is released on Nov 10th. Have been buying at these levels.  Yesterday Nesbitt dumped it down to 1.52 a minute before closing.  No reason for what happened yesterday except possible tax loss selling.  Also feel they will announce a normal course issuer bid and unlike some companies who announce a share buyback and

[hawkowl1]

forgot to mention they have as of last report 4,400,000 shares short If initiated a share buyback would force some shorts to start closing their positions.

[jspaceman]

they have zero interest in where the stock trades on an intermittent basis. they care where it ends up when "they're done". they don't exist to please SH complainers.

[PabloLafortune]

I'm glad Kelt exists. My last small cap O&G play probably for 4 reasons: management thinks long term, they have skin in the game, they have no debt, and the stock is liquid. Which pretty much rules out everybody else.

[Cheadle12]

They seemed to have thought so long term that the stock is worth less now than it was when they sold Celtic & started out with Kelt. Pathetic excuse to say that mgmt 'think long term' or that they have zero interest in where the stock trades.  They want it to be a $7+ stock and as soon as possible.   Sure there are a few hoops to jump through yet, but Mike Rose and

[jspaceman]

You're a MASSIVE promoter of Crew and a proud sharehodler. yet I never see you post that they have a 40c stock and have been an AWFUL investment compared to just about anybody imaginable. you're TIRESOME and a BORE..

[Cheadle12]

They're all garbage, all these junior E&P's.  Now that Sloppy Joe Biden is at the helm, things are gonna get even uglier for North American O&G.  Rely more on imports vs. domestic production, including Canadian Production. You hear me?  They're all garbage.   TOU, CNQ probable exceptions.  

[jspaceman]

exactly kel is basically the only small cap I would touch with real money. most of them are SCAMS.

[PabloLafortune]

In the small cap O&G quadrant - skin in the game and shrewd, skin in the game and dumb, no skin in the game and dumb, and no skin in the game and shrewd - I'm comfortable that I'm in the right quarter with Kelt.