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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 > KEL Shorts don't think it's a steal; upping bet as of Oct 15
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Post by TouchDown12 on Oct 30, 2021 11:10am

KEL Shorts don't think it's a steal; upping bet as of Oct 15

Short Report

Date Number of Shares Shorted Net Change
Oct 15, 2021 5,794,422 297,354
Sep 30, 2021 5,497,068 170,057
Sep 15, 2021 5,327,011 -242,340
Comment by PabloLafortune on Oct 30, 2021 1:13pm
Kelt is not the only one; BIR and AAV have significant short interest as well, perhaps others. I'm not sure why. TVE for example has minimal short interest and IMO is fully valued yet the banks have a $5 target! I mean with the capital efficiency nowadays, Kelt could match TVE's production and netbacks by simply borrowing $100M which by the way, implies a $10 share price. This has been ...more  
Comment by PabloLafortune on Nov 05, 2021 6:02pm
More of the same for October 31 - still 5M+ short. Id like to take this opportunity to wish the shorts happy holidays with a caveat: I hope they get burned badly next week!