Kelt Exploration Ltd T.KEL

Kelt Cult

[MustangMatt]

Oil up $1.45, nat gas up 2.5% = a bad day on the market for the Kelt Cult.

Being early or late in the stock market is the same as being wrong.
Just a quick comparison for the Kelt Cult.  5 years ago Whitecap WCP $4.71 today $9.93. Kelt five years ago, $4.57 today $5.84.  This comparison does NOT include dividends paid by Whitecap over those 5 years.

Anyway, I am tired of pointing this out to the cult, you guys are married to this stock, you are not investors, you are religous fanatics.  The board should have some critical thinking to balance out the insane pumping.  P.S the option farming operation goes on at Kelt, cheers Matthew

[MyHoneyPot]

I don't look back 5 years to where a stock has been.  I look forward to where it is going and how undervalued it is.  I own some whitecap as well, but the bigest gains that i see on a percentage basis is going to be Kelt going forward.  Also i like their land position, i don't like the evaporation of capital with share buybacks, and slow down of the business paying

[MustangMatt]

If I was wrong I wouldn't want to look back either, cheers Matthew

[MyHoneyPot]

I haven't been here for 5 years and i trade many energy stocks on a regular basis, and own a lot of ARX, NVA, WCP, POU, VII Generations etc.  I think that if i look back to 3rd quarter 2023 and 28,000 boe/day that kelt will double that production by 2025. That is why I own kelt because of where they are going in the next year.  IMHO

[PabloLafortune]

Somebody bought 2M shares today. The seller was probably sour about the past 5 years, the buyer thought he was buying Cult Exploration.

[PabloLafortune]

There is another cult buying up Kelt shares, another 3M total volume today. (Sarcasm)

[MyHoneyPot]

I think that TD upgrade was really well done, I think the 8 dollar target will be good until the 4th quarther of 2024 and they they will likely need a new report and a new target. The volume is picking up a lot, and there was some anticipation at the open.  IMHO

[PabloLafortune]

It sure would be nice if the new plant was up and running for the entire Q4. Would be a 50,000 boepd Q4 with at least 31.6% oil. But that is best case. Lots of dents in Nat Gas industry armor right now. Jerry Jones (Dallas Cowboys owner) invested $100M in Comstock (symbol CRK) Resources today.  He now owns 67%.