Kelt Exploration Ltd T.KEL

I wish these CLOWNS were as good at raising the share price

[MorganEarp]

As they are of selling into the almost highs of a mini RALLY. They are pretty good at seemingly always catchig the top, or near the top......Makes me wonder.......
Oh and HoneyBear...I am aware it is only 5K shares.....but it is an ongoing thing. If these guys believed, like you would have us beleive, that this stock will double by early 2025....why in the world would they be dumping ANY SHARES AT ALL???? They get paid a good amount.....Something smells.....Myabe Mustang is correct after all.....

2024-06-12

6.34

6.10

6.35

6.09

2024-06-12

Macarthur, Douglas Owen

-5,000

-$31,600.00

2024-06-12

6.34

6.10

6.35

6.09

[PabloLafortune]

I don't blame them its part of their compensation the problem is because the daily trading volume is so low, on some days it becomes a disproportionate % of the overall volume. It negatively impacts the share price and ends up hurting retail shareholders like us. The obvious solution is to buy an equivalent qty of shares back on a quarterly basis. That would also cap the o/s share count which

[PabloLafortune]

Let's not forget those employees/contractors who are getting shares but aren't insiders and don't have to report.

[MyHoneyPot]

Lets not forget that the company has a $22.75 Nav, and have drill at least 15 wells, 14 montney wells in the Wembley/Pipestone area that really will not start producing until Q4, 2024. Thats at least 150 million worth of exploration, so the reserve report will likely go through the roof next year with 32 wells completed in 2024.  32 mostly montney and charlies lake wells for a company that

[teashade]

If KEL is trading at such a steep discount to NAV they shouldn't be issuing new shares, your argument defeats itself. If they're a bargain buy, don't sell. If they need this compensation to retain talent they should pay for it at the expense of the company (buy back shares to keep the outstanding number of shares flat) or pay it as salary.