Kelt Exploration Ltd T.KEL

Always nice to see the "rally killers" selling it just makes

[MorganEarp]

Me believe in the company sooooooooooooooooooo much more.......

Date	Name	Shares Traded	Value	Shares Held	Filing Type
	2024-06-03	Gigg, Bruce Douglas	-8,000	-$50,400.00	206,555	SEDI
	2024-06-03	Gigg, Bruce Douglas	8,000	$7,920.00	214,555	SEDI

Maybe DW oughta up their pay a bit more....so this "might (ya, not likely) stop." I guess they all don't beleive in the long game as much as our freind Honey Bear......
Odd how they always seem to get near the top too....then they should I suppose...as they should know what it is truly worth!!!

2024-06-03

6.29

6.06

6.32

5.90

[MyHoneyPot]

Here is what CNQ stock purchase plan looks like for their Employee's. Employees are eligible to contribute up to 10% of their salary into the Stocks Savings Plan or Group RRSP Stock Savings Plan. These proceeds purchase Canadian Natural shares. Currently, the Company contributes 1.5 times (150%) the value of the employee's contribution into the plan, on behalf of the Employee.

[MyHoneyPot]

8,000 shares is not much he owns 206,000 shares, and about 500,000 options of diffent forms. He likely needs a few buck for summer holidays. He sold them on June 3, 2024. I really don't see this options sales as material.  IMHO

[MorganEarp]

MHP you said "I really don't see this options sales as material. "  On the contrary...I DO as it seems to kill every rally on this stock. I had another poster tell me when he sees these clowns sell he does liklewise. No disrespect to that poster but this selling seems to be a SIGN for others to dump it like a hot potatoe. So you keep toutng for the insiders...if that is what you

[PabloLafortune]

It would be better if they compensated by buying back an equivalent # of shares quarterly imo. Also it does affect price on the moment on buy and sell (experienced many times) due to lack of liquidity. But immaterial overall ImO.

[MyHoneyPot]

Way overdone, we talking about 50K in stock on a 1.2 Billion dollar company.  This guy is in control of 500,000 shares, and in is an insider. I am glad they are not evaporating capital on share buybacks.  IMHO

[gassygeezer]

Insiders hate buybacks, dilutes the option game/upside...the game here is to outguess the Insiders...check the charts!MHP, Remove your blinders to the obvious

[MyHoneyPot]

Buybacks are for companies like TVE, CPG, BTE where management has issued and ungodly number of shares, and need to undo their wrong doing. I think the key metric to think about here is NAV $22.75 a share fully dilluted.  On one hand people complain about Liquidity, and in the next sentence they say we should be buying back shares. This does not sound rational to me. They are helping the