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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 Feb 07, 2023 6:23pm
109 Views
Post# 35273158

RE:RE:I suspect

RE:RE:I suspect That's a totally fair viewpoint.

I would agree that they should be providing more updates.

A NR must be on the horizon though. And we will see what has been done.

The fact they haven't updated on the oil production is not ideal. They may be waiting for a larger time frame/sample size to provide more accurate numbers however with whatever else (if anything) they update on.

Personally I'm 50/50 on this team. It's still relatively early but it is getting to that point where they are the guys to bring this to where it can go or they're not and if they're not then a collective and coordinated effort to get people in who will must be looked at.

I still have confidence but they had their mulligan to a certain extent with the delayed water well approval process and the resulting PP.

Overall however and compared to their peers, I'm still happy to be here than anywhere else. 

Let's see what the next few weeks bring.
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