Royal Helium Ltd. V.RHC

my FAILING dd !!

[gemsearcher2]

(OT) kinda funny.... i must be burned out or something because i bought rhc shares on march 04 after checking out somewhat DME,NAH (private) and American Helium (AHE.H) after doing a search for helium exploration companies in saskatchewan. I was surprised to see how many articles there were concerning RHC ... the vast majority of search results..
Anyways., before concerntrating on doing some dd on rhc i had spent a relatively shory period of time studying DME,,,, but then i seen an o/s sharecount of just over 340mm and decided that was too many.. so i swithced to rhc dd. DME was trading at 1.65 at that time.

The following week seen dme climbing higher and higher each day so just today i went back to check were the market cap was with so many shares os.. but instead i find that the OS with dme is only 60mm !!
I checked again the OS of rhc and it is 64mm!.. So i checked AHE.H and there are only 3.85mm !!
So i honestly do not know where in the world i seen 340mm shares.. have no idea what company i had on my screen but it certainly was none of these helium explorers!
But i can say that if i had seen that CME only had 60mm shares i would most likely have changed the plavement of my bet !! -- you know what they say about a bird in the hand !
FWIW-- looking at DME.. they have the goods.. they are in a prolific area... imo they deserve this recent run up... it may well run a lot higher imo !
Here at RHC there is so much depending on these test results... good success and probably a double.. poor results and how far down does it go??  I really do not like sitting at such a loaded poker table! the odds usually don't ride with me and history has proven it...
But i really hope for success for rhc ! It would be good in so many ways... putting more people back to work for starters!.. glta
(just some saturday night musings! )
gs2

[Chuckey21]

i think they are keeping a bottom in for the next private placement.

[ExWEIMan2]

I agree with Chuckey21.  RHC and their backers are probably planning a PP.  It is likely they have determined how much money they need, the size of placement (dilution) based on the average SP over the last XX trading days, and who will participate in the PP.  Money will be needed for the separation membranes, high pressure piping, compressors, He storage cylinders, heat exchangers,

[gemsearcher2]

thanks Chucky21.. that is indeed a possibility (and most likely the real reason for that big block on the ask at 0.64). I am not naive at the fact that there are companies that do use behind the scenes tactics to try and control a shareprice. However, the practice is illegal in a free market with a publicly traded company. Company management are not allowed to interfere with or try and control the