Pulsar Helium Inc. V.PLSR

Buzz on the Bullboards: Volatility persists in the face of economic indicators

[evilballs]

Sorry didn't see the US before the number. I have them at $8M CAD.  

[Bertie20]

The warrants were in Canadian dollars, remember. At end-March Pulsar had US$2.34m in cash. The warrants brought in C$3.5m (about US$2.5m). So they probably have around US$4.8m now.   

[evilballs]

I think you are a little low on the cash estimate.  The warrants exercised is more than that and they had very little going on until a few weeks ago.

[Bertie20]

A step-out well would give the share price a big shove northward in my view (assuming they can get the relevant regulatory approvals). I'd expect a cash-raise before then though. I was looking

[evilballs]

Should indicate a 2 to 3 month run on the SP if everything works as planned. May have to work through some initial over head with the free trading shares, but those should get eaten up pretty quickly.

[Margin321]

I think one step out well is a good idea. Some redundancy for a plant and a larger resource calculation. I think they have enough cash to do that. They need to get an off take agreement and get

[evilballs]

There are some easy things to do to boost the SP in the meantime.  The easiets would be to drill more wells for a larger resource calculation and larger forward earnigns PE.  Those two

[evilballs]

I don't think anyone thinks this was going into production next week.  There are a lot of steps that need to be taken before production ever happens.  There will be a capital raise at

[Alim33]

This is probably why the share price is not moving at all. One or two more years of testing? A quote from above "Pulsar managers estimate another year or two of tests before potentially building

[divime1]

to having a helium mine . https://www.cbsnews.com/minnesota/news/minnesota-helium-mine-iron-range-flow-tests/

[Jonathon Brown]

Canada’s main stock index struggled and the NASDAQ hit a high, demonstrating a continued appetite for tech stocks amidst market volatility. read article.

[evilballs]

let's hope so.  It would terrible if this turned into a BIG, where the company missed staking key claims and their partner staked them in their stead.  Good to see this company dotting

[Margin321]

Not likely. Flow and pressure build up tests are expected to take 2 weeks and the company has pledged results on completion. Today is day 8 of the testing. Way more likely that anticipation of results

[Margin321]

I work at a local watering hole in Ely.. Our senator was in last night and told, “ The day after the governor signed the new legislation, Pulsar acquired all 35 plot leases from the state, keeping

[divime1]

10 times the volume of yesterday . It's clear most of the buying is coming from the American side . I wonder if anyone on the testing crew were buying today . They will be the first ones to know

[Peggy123]

now short   sorry  Papi