Bullboard - Stock Discussion Forum Kelt Exploration Ltd T.KEL

Alternate Symbol(s): KELTF

Energy Oil & Gas E&P

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... see more

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Kelt Exploration Ltd > Insider Buying...

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Post by Melo66 on Apr 21, 2021 2:59pm

Insider Buying...

Today, 12:13 PM

Kelt Exploration Ltd. (TSE:KEL) Director David John Wilson purchased 501,000 shares of Kelt Exploration stock in a transaction on Tuesday, April 20th. The shares were acquired at an average cost of C$2.40 per share, for a total transaction of C$1,202,400.00. Following the purchase, the director now owns 17,927,290 shares in the company, valued at C$43,025,496.

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Comment by filefish on Apr 21, 2021 5:53pm

David must be seeing good things happening with their Operations that are not readily apparent to the casual reader of their Company Presentation

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Comment by Seppelt on Apr 22, 2021 3:05am

I bought some more the same day, 04/20, so good to see him buying. Doesn't mean a lot but very encouraging. As far as I am concerned, it's a Q4 (10 wells in Oak) or 2022 story. In the meantime, one can hold a core position and trade the rest. It has been a good trading stock lately, a small rally is always followed by a retreat.

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Kelt Exploration Ltd