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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

TSX:KEL - Post Discussion

Kelt Exploration Ltd > 3 is the magic number
View:
Post by Grandcentral on May 27, 2021 7:38pm

3 is the magic number

Stay above $3, and magin buys will build, shorts will get squeezed, and the stock will climb with strong head pressure.
GLTA
Comment by alta0264 on May 27, 2021 8:38pm
don't want people buying on margin they get flushed out to easy. If you like it pay cash and put them away.
Comment by PabloLafortune on May 28, 2021 11:01am
I'm not as concerned about the folks buying on margin as I am about the investors shorting KEL (sarcasm).    As Kelt increases their oil % AND lowers their cash costs*, it will become readily apparent how much more profitable (and faster growing and land rich and debt free) Kelt is than some of its peers.  If anything, the proper hedge is long Kelt and short ???, not the other ...more  
Kelt Exploration Ltd