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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 > Good Buying Day....
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Post by TouchDown12 on Sep 20, 2022 12:56pm

Good Buying Day....

Good to be buying KELT at around 6 again.. TP have been going up all around by many brokers towards 8-9-10 and their AFF (pre-capex) is expected to raise considerably in 2023; and this is all before seasonal strenght Nov.-Mar..... good buying day. TD12
Comment by Proceeds on Sep 23, 2022 10:10am
Looking like a good re entry today, Maybe sub 5 who would of thought!
Comment by TouchDown12 on Sep 23, 2022 10:23am
Gotta say - the market humbles my timing regularly but i am happy at buying at this level. KELT was listed as the most promising NG stock in regards to 2023 production growth story with no debt. Not worried and will keep buying if it gets cheaper yet. TD12
Comment by Cheadle12 on Sep 23, 2022 9:44pm
Agree TD12, Kelt is a great name.  CEO has plenty of skin in the game and who is to say he doesn't do what he did around this level several months ago - bought about $2MM of stock using his own money. That said, I would like to see some form of strategy from Ketl.   The stock has been quite stale for some time, production was a miss in the quarter due to Wembley congestion, hit ...more  
Comment by PabloLafortune on Sep 23, 2022 10:15pm
Kelt held its own relative to others today so I was a seller but neutral O&G wise. Company has its pros and cons - pros are too numerous to mention, cons for me are SBC (ok all the Alberta small mid cap O&G have that problem) and hedging/marketing - I much preferred Kelt when they didn't hedge at all - the July presentation had 2022 hedge loss pegged at $2.xx, then $4.xx in August and ...more  
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