RE:RE:RE:Kelt a fun ride - Ramping up production in Q4Vast majority of the market has superficial knowledge of companies. Big part of the reason? Too many companies, too many investment opportunities. Cdn oil and gas is like 0.1% of world market cap, Kelt is 0.01% of that.
Its classic Black Swan behaviour - companies they consider very risky aren't and companies they consider safe, aren't. Its also why majority of market is momentum investing instead of value investing. Their knowledge is superficial - they assume they know everything they need to know but actually they don't know what they don't know. The devil is in the detail.
So companies like Kelt with plays like Wembley fly under the radar. Until they don't. Another example: Bombardier it was $10. Its $100 now.