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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 Lunchisforwimpson Nov 12, 2015 3:57pm
383 Views
Post# 24286377

RE:Stockchase Comment from Martin Davies!!!!!

RE:Stockchase Comment from Martin Davies!!!!!There are 13 analyst with buy ratings. The median analyst target is $8.50. Unfortunately seasonal gas prices and all the oil glut MSM are killing Kelt near term. I never thought it would blow through the initial issue price and 52 week low as it has. CIBC is the selling main culprit who says at these commodity prices Wilson cannot deliver the growth required (nothing personal and all that)). Perhaps in the short term but I would not underestimate this teams ability to acquire land for subsequent harvest such as the untested middle montney. CIBC hates it knocking the target down to $6.00 (rating it a 1 out of 10 on their website). I am assuming they are getting punted from any future syndicate (I would just because that's how the racket works - no commission and fees for sell side reports) No soup for you CIBC.
Bullboard Posts