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Bullboard - Stock Discussion Forum
Royal Helium Ltd.
V.RHC
Alternate Symbol(s):
V.RHC.W.A
|
V.RHC.W.B
|
RHCCF
Energy
Metals & Mining
Oil & Gas E&P
Industrial Metals & Minerals
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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TSXV:RHC - Post Discussion
Royal Helium Ltd.
> RHC building a lithium value in a helium play
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•••
biggonads
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Post by
biggonads
on Aug 23, 2022 12:44pm
RHC building a lithium value in a helium play
Royal Helium now provides lithium value in a helium play - this follows the recent discovery of sample results at Climax including 84.9 mg/l lithium found in the underlying brine within the zone. RHC announced intentions to acquire lithium mineral rights per notice to the Province of Saskatchewan to advance a lithium brine project concurrent to continued helium development.
https://equity.guru/2022/08/22/royal-helium-rhc-v-builds-lithium-value-in-a-helium-play/
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Margin321
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Comment by
Margin321
on Aug 23, 2022 6:47pm
it would take biggonads for a company with no money to find a billion dollars to develop a sizable lithium operation which will take 3-5 years.
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