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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 uogradon Apr 28, 2023 11:36am
173 Views
Post# 35419270

well wheels first helium is basically a "zombie" stock

well wheels first helium is basically a "zombie" stockessentially the play here is over.  the company has no money negative cash flow at current oil rates, no chance to drill anything and farm out prospects are minimal and offtake agreement is like looking for harvey the rabbit

10,000,000 more trading shares just hit the market as well.

So only hope is a real company like say birchcliff or crew who are sitting around doing nothing in terms of drilling with aeco gas at 2.45 this morning and station 2 at 1.12 per mcf (how brutal is that) decide to move some of their capital allocated to gas and take a run at helium as another growth vehicle.


Ed will have had relationships with most of these guys through canaccord over the years so maybe one of them throw him a bone, buy his company for stock, kick him to the curb and actually see if 15-25 actually really has marketable helium

otherwise we go to zero.
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