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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

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... see more

TSXV:RHC - Post Discussion

Royal Helium Ltd. > Trading pattern
View:
Post by subaru1 on Feb 21, 2023 10:33am

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.
Comment by Margin321 on Feb 21, 2023 10:36am
I don't think a picture of the production facility will do that much. The facility has to work.  The item that will be important is production of helium leading to revenue. Sort of like that first dollar bill you frame and hang on the wall of your Mom and Pop restaurant.
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