Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 uogradon Mar 15, 2023 11:58am
458 Views
Post# 35340017

well ed the gig is up, you should be fired

well ed the gig is up, you should be firedso oil production now less that 100 bopd, more like 75 bopd actually and in fact lower than before you put disposal system in so you might have cut costs but with declne in production of let's call it 40 per cent in last two months who cares..

so let's review things shall we.  you bet the company on the 14-23 well which was a couple milion over budget was never completed, has no reserves assigned to it and is sitting there of no interest to no one.

in less than a year oil productiom has gone from over 500 bopd to less than 100 and water from less than 10 to over 90 per cent.   your reserve report is going to get crushed

you spent 190k on investor relations last quarter on what, no one seems to know

your helium well was drilled in 1999 and the offtake agreement you have been boasting about since august 2021 still hasn't happenened although it is so imminent(two weeks and counting) that webster's is considering changing the definition in their dictionary

but thank god we used our remaining cash to shoot seismic in worsely to identify a few more watered out oil well locations

you and your team should be fired for cause and showed the door.
<< Previous
Bullboard Posts
Next >>