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Bullboard - Stock Discussion Forum 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... see more

TSXV:HELI - Post Discussion

First Helium Inc > Lets See How Long This Can Be Held Down
View:
Post by prospector001 on Mar 23, 2022 10:43am

Lets See How Long This Can Be Held Down

Looks like somebody may have been cought a little short? Oh well - as always the so called "gap" must be "filled".

GLTA!
Comment by impega on Mar 23, 2022 11:46am
I don't think the market really understands how big these two 100% owned oil wells are. What a fantastic base of cash flow!
Comment by crude on Mar 23, 2022 12:10pm
CURRENT CASH FLW IS 0.50 -- COMPANY IS WORTH A LOT MORE THAN THE STOCK PRICE AND THESE GUYS HAVE NOT STARTED YET. 
Comment by prospector001 on Mar 23, 2022 12:37pm
Yup for sure - the shorts have to manipulate the price down in order to cover but after that - let'r rip! GLTA!
Comment by hurko5 on Mar 23, 2022 3:00pm
This post has been removed in accordance with Community Policy
Comment by prospector001 on Mar 23, 2022 4:41pm
Hopefully the shorts covered today - but you never can be sure. Looks like a lot of interest is coming down the pipe and for good reason!  Not every day that a penny stock strikes oil - twice! GLTA! 
Comment by storeken on Mar 23, 2022 6:35pm
As of Mar. 15th, there were 307K shares shorted.  Hopefully these were eliminated to-day. To the moon Alice!
Comment by ecanadian2 on Mar 23, 2022 6:57pm
there were lots of shares sold at $0.35 and lower plus attached warrants so shorts should be able to cover however, why would they want to short when the news keeps getting better and the price has not moved that much higher? 
Comment by HeliumToTheMoon on Mar 23, 2022 7:20pm
I'm pretty new to this but warrants from ipo are at 0.55. 0.60 close today is not enough for me to exercise my warrants. 
Comment by jrk8888 on Mar 23, 2022 8:25pm
I can't seem to find it, but I recall that they had about 34.5 million warrants outstanding @ an average price of .46 I haven't seen the exact price breakdown.I agree that .60 warrants probably wouldn't be exercised.yet.
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