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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 Zaphodon Apr 25, 2022 6:30pm
146 Views
Post# 34630504

RE:RE:RE: $HELI.v CEO Ed Bereznick interview, company updates

RE:RE:RE: $HELI.v CEO Ed Bereznick interview, company updatesCorrect me if I wrong but when it says owned doesn't it just mean they own the mining rights.   80,000 acres as a parcel would be worth more than the market cap of this company by multiples.





forwardflash wrote: "WORSLEY AREA 79,000 Acres, 100% Owned “15-25” Discovery Well Tested 1.3% Helium, Sproule Evaluated Oil Discovery Well “1-30” Onstream, Provides Cash Flow and Increases Value Second Oil Discovery Well “4-29”, On-Stream Target early Q2/2022- LETHBRIDGE AREA 276,000 Acres 60% Covered by 3D Seismic First Well Targeted for Drilling in Q2-2022 Near Existing Helium Production and New Discoveries"  An update of the 4-29 production and the first well site annoucement in the Lethbridge area should be coming soon.  


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