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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 Wheels54on May 16, 2022 7:09pm
166 Views
Post# 34687734

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

RE:RE:$HELI.v in a strong recovery position once markets stabilizeAgain I think people are putting alot of weight on the 4-29. Too much.

Their discovery well has verified helium content that is ready to be extracted pending compleations.

They are also sitting on a large amount of natural gas. With the price of natural gas 4 times what it was last time this land was drilled they are sitting quite well.

Again if people want to base their potential on the flow rate of a bonus light oil well then so be it but i think they are looking at their next step and not whats down the street.
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