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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

Comment by Grandcentralon Jan 27, 2021 1:29pm
97 Views
Post# 32400343

RE:Crack up Boom?

RE:Crack up Boom?Shorts are comfortable here, because even in a squeeze, they aren't left without value in shares. The gap between SP and real value is such a big runway, with relatively good liquidity - they have a $3 cover minimizing the risk of real hurt in typical shorts - especially the heavy ones we are seeing in the news. Those companies are worthless and short sellers will be left holding the bag. Kelt is set to release news of its assets on the 25th of Feb, which will drive SP higher, narrowing the short long spread, and unifying shareholder intent (typically this management has had buy and hold investors) - but with the evolution of trading and too many advantages for shorts on an undervalued strong company where bulls aren't pushing back (because reduced leverage within the company and not being eligible for magin), we have a high ratio of shorts that on the bright side, bring good buying opertunities, but (visual) pain to the buy and hold investors (nobody likes to see an investment not where it should be) - The sun is setting on the cheap stock, and those with cash should thank the shorts for giving them opertunity to buy more.
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