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Royal Helium Ltd. V.RHC.WT.B


Primary Symbol: V.RHC Alternate Symbol(s):  V.RHC.WT.A | RHCCF

Royal Helium Ltd. is a Canada-based company, with a primary focus on the production and development of helium and associated gases and is currently producing helium from its Steveville project in Southern Alberta. Its helium reservoir at Steveville is carried primarily with nitrogen. Nitrogen is not a greenhouse gas (GHG) and therefore have a low GHG footprint when compared to plants in other jurisdictions that rely on large scale natural gas production for helium extraction.


TSXV:RHC - Post by User

Post by Margin321on May 10, 2024 3:10pm
226 Views
Post# 36034224

Trading at US$ .052

Trading at US$ .052That is 7 cents Canadian.  So we can buy at a 23% discount to what insiders paid for 1,532,888 Units only two days ago.  (Of course they got a warrand at 12 cents but that is not currently worth anything.)

Either the insiders are not very smart or there is a small chance they can get 1. Steveville working well, 2. Val Marie Joint venture progressing quickly, 3. Forty Mile well drilled quickly, provensuccessful, and leading  to off-take agreement and debt financing for a helium plant that will be quicker and cheaper, and more reliable than the Steveville plant. 

At the least there is CAD $137,959,92 of insider money willing to bet on that 2 days ago.

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