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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 > It certainky does not bring the cofidence level up when this
View:
Post by MorganEarp on May 13, 2024 1:13pm

It certainky does not bring the cofidence level up when this

Happens.....The CFO dumping on nthe last big runup.......


2024-04-11
Lalani (Sadiq H)
-46,000
-$298,080.00
1,760,000
SEDI
Acquisition Disposition
Position Senior Officer of Issuer
Transaction Acquisition or disposition in the public market
 
2024-04-11
Lalani (Sadiq H)
75,000
$207,000.00
1,806,000
SEDI
Acquisition Acquisition
Position Senior Officer of Issuer
Transaction Exercise of Option

 
2024-04-11
Lalani (Sadiq H)
-46,000
-$298,080.00
1,760,000
SEDI
Acquisition Disposition
Position Senior Officer of Issuer
Transaction Acquisition or disposition in the public market
 
2024-04-11
Lalani (Sadiq H)
75,000
$207,000.00
1,806,000
SEDI
Acquisition Acquisition
Position Senior Officer of Issuer
Transaction Exercise of Option
Comment by MorganEarp on May 13, 2024 1:17pm
It did not copy well...but for the many of you that look at the Insiders info on Stockhouse, you will get the point. I am not bashing and I am for Kelt....But this makes me very annoyed.....I wonder what DW thought about it?
Comment by PabloLafortune on May 13, 2024 1:31pm
Looked it up on SEDI, lots of exercising and selling for sure....Errico ~100K GIGG ~100K Sadiq 88K (at least he used he kept some), Shea (Director) 35K.  Not a fan of it at all especially when the daily trading volume is so low. Makes you feel like a moron buying when mgmt is selling.
Comment by gassygeezer on May 13, 2024 1:38pm
What he should be considering is getting a new mgmnt team that believes in the company as much as he does, granting more options that get sold so often tells me mgmnt are as Matt claimed..option farmers..IMHO they are paid salaries according to thier market worth, these continpous option grants diluting the base reminds me of the old days/ways 
Comment by MustangMatt on May 13, 2024 1:37pm
Option Farmers EOM, cheers Matthew
Comment by MyHoneyPot on May 13, 2024 1:53pm
Should look at CPG last report, and you will see how management takes care of shareholders.  + CPG paid 60.8 million in interest.(Massive debt) + Long terms compensation shortfall (58.4 million) (Underpaid Management) + Reclassifying assets non cash impairment for sale.(512.3 million) (evaporate capital) So what the shareholders got at the end was the left overs, 71.3 million This ...more  
Comment by MustangMatt on May 13, 2024 1:59pm
When you have lost the debate, debate something else, CPG for example Stock performance Jan. 1 2024 to May 13 CPG + 27.69% Kelt Jan 1, 2024 to May 13, 2024 = +.61% It is a weak man who can't admit they were wrong, cheers Matthew
Comment by gassygeezer on May 13, 2024 2:00pm
the question was about Kelt not cpg input on options plse, timing of insider sales quantum re-issues and if you believe Kelt mgmnt deserves to dilute shareholder base becuase they are exceptionally talented?
Comment by MyHoneyPot on May 13, 2024 1:54pm
Old news, this is over a month old.  Why bring it up now, because i don't like ARX management who pretty well have had every share they own given to them? IMHO
Comment by MorganEarp on May 13, 2024 4:21pm
This post has been removed in accordance with Community Policy
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