Kelt Exploration Ltd T.KEL

Celtic Shareholder

[MustangMatt]

I go way back, after Celtic sold Kelt was spun out.  Truth is the only way I made money over the decade when I owned Kelt was by trading it.

Even though Kelt has given up it's gains from yesterday, I think it is a buy here @ $6.37.  Yesterday was a breakout, in my humble opinion this back test is a gift. 

I think rightly or wrongly the market still views this stock as a gassy name.  I think as gas prices improve this a name will move Biglly, cheers Matthew

[PabloLafortune]

Trading Kelt has been the smart thing to do at least the past few years, no doubt. Kelt is viewed as a gassy name because that's the way they present themselves. They should instead present themselves as an oil prone small cap play with natural gas optionality. Because the reality is, Kelt's oil prone assets - Wembley, Charlie Lake and misc (Pouce Coupe oil) - are subsidizing natural gas