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First Helium Inc V.HELI

Alternate Symbol(s):  FHELF

First Helium Inc. (First Helium) is a Canada-based helium exploration and development company with properties in Northern and Southern Alberta. The Company is focused on exploring and developing two helium projects in Alberta, Canada. The Worsley Helium Project in northwestern Alberta is an advanced-stage project covering 60,000 acres. It holds First Helium's helium discovery well and two oil wells. The Southern Alberta Helium Fairway Project (Lethbridge) covers over 276,000 acres. Over 60% of First Helium's acreage has three-dimensional (3D) seismic coverage for identifying subsurface structures and closure necessary for trapping helium.


TSXV:HELI - Post by User

Comment by forwardflashon Mar 25, 2022 10:15am
154 Views
Post# 34545049

RE:RE:RE:RE:RE:After the appraisal is when the party will start !!

RE:RE:RE:RE:RE:After the appraisal is when the party will start !!Valid observation IMO.  After looking at the Worsely fairway, the people who are the company, their development success. The fact helium is so expensive it doesn't take a lot of it to be profitable.  I think because Worsley is eighty percent Ng and twenty percent oil, it wasn't lucrative enough at the time for who ever sold it.  Ng for a decade was very low priced and not really sought, and no effort was made to recover Helium, Because of changing market dynamics the company founders saw and opportunity.  I hope we follow the path of JOY another penny stock that is several dollars now.  
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