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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 Quintessential1on Oct 06, 2024 5:28am
55 Views
Post# 36254902

RE:RE:RE:Run Up is Commodity Price Driven -Oil

RE:RE:RE:Run Up is Commodity Price Driven -OilMy appologies to you sir.  My reply was more for the poo pot (if you check the thread view it shows that way) as he has posted that he recently bought on both ARX and CVE boards. I doubt he really bought ARX, he bashes it so I expect it was just a ploy to circumnavigate those who say if you don;t own don't post; but he says he did so he gets this. 

I have no beef with you or the other KEL owners and if poo would mind his Ps and Qs on my board I wouldn't be here.  I go by the maxim a good offense is a good defense. 

KEL has been trading sideways for the better part of this year and I am sure it won't last forever but it hasn't hit my target price for buying. Neither did CR unfortunately for me as it would have been a good buy but no stock should be purchased soley because it appears to be an acquisition target.  For example KEL looks like a great acquisition target until you realize that the insiders here control it and aren't selling which is also why I can't see a way forward for them to return capital to shareholders.  It will have to be a buy and sell proposition based on shares (which is fine) but it needs to be bought low if it is not going to rise high.

GLTY 
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