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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 3:28pm
159 Views
Post# 35419889

now wheels let's be honest here

now wheels let's be honest hereYou first showed up here when the stock was about .60 and starting to dive.  You praised the company contiually until the stock hit about two bits and then and only then did you become cautious but still continued to believe things would work out and bought more and more stock

so from .60 to .16 you have continually bought stock on every down dip so you much have a shatload by now and must be bigtime in the red

i am not being pessimistic here.  I am being realistic.  There is no good news anywhere here

there is little oil production, little to no cash, an unfinished gas/oii/helium well that has no reserves, an impeding updated na 51-101 reserve report that is going to have the mother of all writedowns and a helium well drilled in 1999  that to date no one on  planet earth is interested in doing an offtake agreement on

for those keeping score, ed proclomation that an offtake agreement would be signed very soon was on february 25 over 2 months ago

stock price on that day of the interview was about .28
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