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Bullboard - Stock Discussion Forum 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... see more

TSX:KEL - Post Discussion

Kelt Exploration Ltd > New 52 week high $4.98
View:
Post by MustangMatt on Oct 07, 2021 12:59pm

New 52 week high $4.98

$5 handle is in the card.

What's crazy is my investors edge account still has no margin available on my Kelt shares.

Low float here, insiders own I think over 30 million shares means free float share count +- 150 million pretty low for O&G

No Debt, most hedges rolled off and a bunch more roll off soon.

I would sell but where else is better then this?  I have been pounding the table here for well over a year.  Market cap is where it should have been 6 months ago. 

Am I being to bullish, am I missing something, can any one else this as moving to six dollars in the new year?  Cheers Matthew
Comment by TouchDown12 on Oct 07, 2021 2:25pm
Mustang, i don't see anything your missing here. I tried to grab more KEL when it was in the 3.30 range a month back. I should have got more aggressive but didn't have a context until i studied Kelt's finacnial and plans. Finally pikced up a bunch more about a week ago in the 4.30-4.40 range. Still wish i had more but i'll take what i got. I hold lots of names - BIR, CR, SDE, LXE - ...more  
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