Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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).


TSXV:RHC - Post by User

Post by TheBridgeon Apr 18, 2023 10:23am
184 Views
Post# 35400470

Matter of Time

Matter of TimeHope we can get this share price into the 40 cent range and keep it at that level for while since that would give the boys a better chance at raising the capital necessary to keep building and developing towards production and distribution. Raising capital through equity issues or private placements is a fact of life in this business and a wiser choice than borrowing with interest rates that might still continue to rise. Some here are of the opinion that they have raised enough capital to complete construction to production as they stated but that's not the end of the process. Each time they issue equity or private placements they will say that it will be used to complete their projected activities......until they spent it or complete those activities and then they need to finance the continuing operation. They must continue expanding their build-up to production and continue building to become a viable entity. There should be a lot more whining as this process continues in establishing a solid and growing company that is profitable.
<< Previous
Bullboard Posts
Next >>