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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 MyHoneyPoton Jun 19, 2024 12:00pm
51 Views
Post# 36096069

RE:RE:RE:RE:RE:RE:#1 WTI $81, Kelt $6.15

RE:RE:RE:RE:RE:RE:#1 WTI $81, Kelt $6.15Really Officers control almost 40 million shares, 20 percent of the company and someone sells 5,000 options and you say their dumping the stock?

Are you for real? 

The current price target on my TD waterhouse account is $8.75 with on analyst with a $10 dollar price target. 

So your claiming to know better that all the Analysts, and i have spent a lot more time tracking Kelt and reviewing everything than any of the Analysts. 

Your right i would be perfectly happy with $10 dollars, but I feel the number is going to be a lot larger especially when i look at evaluation for AAV and TVE which are in the neighborhood. 

To these officers that have bought in 100%, and the sale of a few shares to prevent as options come close to expiring is nothing more than common sense, you understand what common sense is?

Kelt in my opinion is the best managed company out there and its not incumbered by MBA thinking that your can manufacture value from thin air with share buybacks, or pay a dividend based on $40 dollar oil while you evaporate share capital at elevated prices with share buybacks. 

Your loosing your cool, time for a cold shower. 

IMHO 
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