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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

Post by partystockeron May 16, 2022 4:25pm
132 Views
Post# 34687347

$HELI.v in a strong recovery position once markets stabilize

$HELI.v in a strong recovery position once markets stabilize

Now that $HELI.v has hit support at $.475, I guess we’ll see how much validity there is to this dip. Once we see some recovery in the markets as a whole, I really expect $HELI.v to take back off. 


I don’t anticipate revenue to slow in the coming months, as $HELI.v now has two wells in full production at the Worsley Property. April revenue is expected to come in at $1.4 million and will be reported later this month. 


Additional exploration is planned for the Worsley Property this year, so as $HELI.v continues to strengthen its balance sheet via revenue from the currently active wells, we should see further announcements of prospective drilling coming from the company.


$HELI.v is currently trading at $.48 ad valued at $34.84 million. 


https://www.marketscreener.com/quote/stock/FIRST-HELIUM-INC-124707146/news/4-29-Well-Brought-On-Stream-In-April-40268963/

 
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