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Pulsar Helium Inc. V.PLSR

Alternate Symbol(s):  PSRHF

Pulsar Helium Inc. is a Canada-based helium exploration and development company. The Company's assets include the flagship Topaz project in the USA with a helium content of 10.5%. It owns 100% interest in Topaz project, which is located in Minnesota, Midwest United States of America. The Company also owns 100% interest in Tunu project, which is located in Liverpool Land is a peninsula in eastern Greenland. The Tunu project has a land position covering an area of approximately 2,772 square kilometers.


TSXV:PLSR - Post by User

Post by Margin321on Mar 13, 2024 12:39pm
108 Views
Post# 35930789

Helium One in Tanzania

Helium One in TanzaniaSome of you may remember John Magufuli, the outspoken President of Tanzaia, the covid denier who died of covid. He made it difficult for foreign resource companies to operate, confiscating foreign assets, levying big fines and judgements (includine one against Canadian Company Barrick Mining), bringing charges of corruption without badis, essentially shutting down operations of foreign resource development. Since he died a new President has been elected who is pro-business and things are better. But let's just say there were lots of reasons that businesses and individuals who were operating in Tanzania made adjustments to the situation. Minnesota can be a difficukt spot for resouce development, but is still infinitely better than Tanzania of 2019 and 2020. Plus the location in terms of contributing to a North American supply chain for helium is just perfect. NA and particularly US is biggest user of helium in the world. 
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