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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 > Kel is a great stock. Very similar to Crew
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Post by integrity11 on Aug 15, 2024 8:40am

Kel is a great stock. Very similar to Crew

I have held a small amount of Kel for a few years, but have recently increased my position . I was fortunate that I had increased my position in Crew over past couple of months thinking one of its neighbours would soon buy the company because of Shell's LNG soon coming onstream. With Crew gone I think it is just a matter of time before Kel and maybe a couple of others are taken out. Tou has their prime Montney properties now. Next it will be Shell, CNQ and Arc.

i wish good fortune to all (except the shorters). I feel confident anyone buying this fine Canadian Oil and gas company will be rewarded . I see it being purchased for at least 9 or $10.  Kel has lots of relatively under explored Montney, extremely low debt, and under $200 million shares.
Comment by MyHoneyPot on Aug 15, 2024 9:14am
Right on, but i think we are talking sooner than later.  Crew never really had the kind of balance sheet or would generate that CF that you are going to see Kelt generate in 2025. The also never has the Liquids oil ratio. (59-62%) Wembley/Pipestone Kelt has proven their competance in developing a major NE gas in the development of INGA for 510 million dollars in 2021, INGA was 107,000 acres ...more  
Comment by integrity11 on Aug 15, 2024 11:08am
Honey Pot I don't disagree with anything u have said, but was just being a bit conservative I have bought twice since Crewwas sold ,  it plan to buy a bit more if there are down days on Kel. I am not a big investor, but really like or Canadian Oil and NG equities and they have been good tome since summer of 2020 and bad for me for a few years before 2020) - bad Trudeau year when I should ...more  
Comment by PabloLafortune on Aug 15, 2024 10:55pm
Kelt and Crew are not in the same situation though.  Crew is 2 main assets, 1 almost fully developed, the other in need of development but almost shovel ready (all permits received). Both with free cashflow line of sight - my guess 10% on current production on 12 months strip, the drier Groundbirch is higher but in need of higher NG prices (why TOU won't develop until '26 or '27 ...more  
Comment by MyHoneyPot on Aug 16, 2024 9:25am
I have been following the crew asset for maybe 20 years, and had no interest in them. The crew play has alway been struggling, and does not have prolific and high volumes of liquids. Kelt approach to deliniation of Wembley/Pipestone was to prove the resource not bring on a lot of production because they did not have the plant. Crew spent many years wandering in the wilderness, and its remote ...more  
Comment by MorganEarp on Aug 16, 2024 10:04am
As for this...."With a $9.50 price target, based on the last 4 paid analysts reports, Kelt is a screaming buy." Ya sure if you're some PUMPER trying to sell you shares ya efffin maggot. We don't care about Crew, we care about these leaches dumping massive amounts of shares. Maybe call them and aks thenm why if your $10 targets are so good you goof.
Comment by MyHoneyPot on Aug 16, 2024 11:05am
Really? This were options likely with expiry dates attached, the company got $2.76 cash for every option exercised, so they both have more than a million shares and options and only sold a few.  Likely these are reloadable. Kelt management compensation includes stock and insiders control approx 25% of the stock so they are going to be more active in the selling of shares. Thank god they ...more  
Comment by MorganEarp on Aug 16, 2024 11:11am
This post has been removed in accordance with Community Policy
Comment by MyHoneyPot on Aug 16, 2024 11:51am
I thought you sold all your shares, and you were moving on?
Comment by MorganEarp on Aug 16, 2024 12:21pm
I never spoke a workd like that...but LYING seems to be your forte....doesn't it, you three time loser..... Trust me on this putz....I am not hear because you pump the same garbage out add nauseum. I told you we will drive you from this board, just like Trapped did on ARX....tic toc tic toc. Oh ya....almost forgot....."Just a few" eh..... Date  ...more  
Comment by CashFlowADay on Aug 16, 2024 2:08pm
Check all the crew insider sales in the last year.  People give way too much credit to a VP or someone who sits on the BOD milking their position for every $ they can.
Comment by MorganEarp on Aug 16, 2024 2:33pm
Got buried...likely intentionally....fixed it for you...... I never spoke a word like that...but LYING seems to be your forte....doesn't it, you three time loser..... Trust me on this putz....I am not here because you pump the same garbage out add nauseum. I told you we will drive you from this board, just like Trapped did on ARX....tic toc tic toc. Oh ya....almost forgot....." ...more  
Comment by CashFlowADay on Aug 16, 2024 2:06pm
Kelts Wembley will make more money in 2025 than all of Crew
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