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Kelt Exploration Ltd T.KEL

Alternate Symbol(s):  KELTF

Kelt Exploration Ltd oil and gas company. The Company is focused on the exploration, development and production of crude oil and natural gas resources 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. The Company’s British Columbia assets are operated by Kelt Exploration (LNG) Ltd., a wholly owned subsidiary of the Company.


TSX:KEL - Post by User

Bullboard Posts
Comment by teeveeon Mar 05, 2015 12:07pm
140 Views
Post# 23493587

RE:RE:Increasing Shorts

RE:RE:Increasing ShortsIf a third party intends to make a higher offer for RTK, it only makes sense to short KEL and buy RTK. A speculator may also wish to do the same, as there is little downside if the transaction goes through, however, if a higher offer for RTK came in, KEL would likely sell off......even if an investor is happy to hold KEL in the medium to long term, it makes sense to buy RTK instead of KEL to ride the possibility of a higher offer. 
Bullboard Posts