Royal Helium Ltd V.RHC

Alternate Symbol(s): V.RHC.W.A | V.RHC.W.B | RHCCF

Royal Helium Ltd. is a Canada-based company, which is focused on the exploration, production, and infrastructure with a primary focus on the development and production of helium and associated gases. The Company controls over 1,000,000 acres of prospective helium permits and leases across southern Saskatchewan and southeastern Alberta. Its helium reservoirs are carried primarily with nitrogen. Its helium lease/permit land is comprised of 10 main blocks spanning southwestern to southeastern Saskatchewan. Its exploration drilling at the Climax block in the southwest resulted in the discovery of the Climax Nazare zone. Its drilling in the southeastern side of the province has been initiated on the Ogema block. The Company’s properties are all in close vicinity to highways, roads, cities and oil & gas infrastructure. Its subsidiaries include Royal Helium Exploration Limited (RHEL) and Imperial Helium Corp (IHC).

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Royal Helium Ltd > Trading pattern

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Post by subaru1on Feb 21, 2023 10:33am

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Post# 35296218

Trading pattern

Rhc is trading with is usual pattern 3 or 4 days up and pullback, we might go back to $0,35 that was the last resistance which might be the new support. Until we see any picture of the production building we might sit around that $0,35 or lower if we don't have any news before the end of march.

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