RE:Helium's time will comeI agree. If you read the Cormark piece on Helium and on RHC specifically, a few interesting data points:
1. There is a global helium shortage. Much of it is in spicy areas...
2. Pricing is very opaque - mostly OTC contracts between producers and end users but no real liquid spot and futures market.
3. The USA used to auction helium from their strategic reserve. This ended several years ago and that supply is now only sold/distributed to military and/or strategic areas (like NASA - the largest buyer)
4. Demand is constant and across industries - from space to medical applications
5. Sask so far has been a "friendly" jurisdiction and has ample areas to explore with loads of laid off oil and gas workers and their machinery.
Real question for me is where the stock goes if they do hit 3-4 economic wells in this next phase.
Stock is up 250% since last raise, but....the market cap here is $20million...still fairly low.