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Royal Helium Ltd V.RHC

Alternate Symbol(s):  V.RHC.W.A | 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

Comment by Margin321on Sep 27, 2023 6:15pm
133 Views
Post# 35658120

RE:Stock price

RE:Stock pricedoing serial stick  issues at ever lower price simply destroys value. The idea of the stock market as wealth creator is to do serial issues at ever higher prices which is efficient way to raise capital as company grows and becomes ever more valuable. Tesla or Amazon would never have made it is each subsequent stock offering was at a LOWER price than the one before. We need a producing plant, a proof of concept, then a Nazare horizontal, the some enthusiasm and a secondary offering of a modest number of shares at 10x current price to fuel growth. That is how the equity part of the capital markets can function. 
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