Royal Helium Ltd. V.RHC

Great day

[Money_514]

1.54 Million shares traded today. Was watching clocely the last 30 minutes and whenever ther was a wall it was taken out. A high pf 36.5 today.With this momentum we can hit 40 cents this week. GLTA

[Flyder]

And back down again.  This close to production and it tanks?

[TheBridge]

Money_514, you can be pretty well be certain that if the share price climbs into the 40 cent range that will likely result in another issue of shares. The boys are going to need more capital and those would be the best conditions under which to proceed. It's actually going to take "real profit" to make this share price move significantly, not just starting up production. We have a

[Money_514]

Hi TheBridge,  It was a great day on Monday Can't blame anyone for profit takeming. It ooks like we are establishing a new base. I did pickup some shares at the current discount pticr. LOL GLTA.

[Margin321]

"This close to production and it tanks?" They are preproduction and have no revenue and just published their 2nd Q financials. They need revenue very quickly. They have no money to move ahead on any of the potential projects (test ogema and val marie, drill one new well on acres in vicinity of Steveville, drill a horizontal at NNazare (deep Climax).  And then think about

[hopeful88]

Good posts Margin321, got out over the past couple of weeks for the very same reasons you have commented on. No revenue comming in, a major problem. I will bide my time before buying back in,in 2024. 

[Asdfghjk]

While it has been a tough road to here we'recloser than ever. This thing is set to jump to almost 3 dollars a share once they start moving helium. And I suspect WAY HIGHER in short order. I am loading up as it heads down for now. 

[Margin321]

"This thing is set to jump to almost 3 dollars a share once they start moving helium. And I suspect WAY HIGHER in short order. I am loading up as it heads down for now. " Good luck. Moving helium will be welcome relief and shares may move up, in fact I hope so.  But the volume and the cash flow are way too low to get an immediate bounce to $3. You post nothing to support that idea.

[Asdfghjk]

I love folks who come across condecending right out of the gate. I do appreciate it as it makes it easier to identify folk such as yourself and ignore them. There is more than enough articles pertaining to what I wrote. Being a PENNY stock anything can happen good or bad. I won't waste my efforts and time pandering to folk like yourself. GTLA .

[Margin321]

Perfectly fine if you stop pandering to us. That was what I was objecting to.

[Asdfghjk]

I pander to no one. Keep your assumptions to yourself. Oh noe he is praising RHC for driving a truck and trailer on site. You have to be bipolar. "Pointless to be involved at this point sell sell sell..." "Oh FANTASTIC NEWS truck and trailer on site." Pick a lane.

[Margin321]

You know very well  that  I have never said - sell sell sell. In fact I have been transparent about my buys and my posiiton (70k) and have never sold a share.  I have just been cautious and have pointed out that this is high risk, that the plant has to work as designed for company to survive, and  that they do not yet have ready access to capital that will be required to fund a

[TheBridge]

IMO, it would be wise to consider Margin321's posts on this board. He has been transparent, is fully invested, does his DD with all the available information and has wisely suggested that this opportunity is not worthy of a huge position (particularly at this time) unless one does not care or recognize the risk still involved. There are many steps yet to be taken and many of those are small

[johnboyltd]

Most of the major risks have been eliminated. They have the Helium, the plant is not space aged technology. They just have to finish construction and get the plant running. Not rocket science.

[Margin321]

When they finish it and get it running they will no longer be a pre-production resource company. That is  a big milestone. More to do of course but an inportant step.

[Margin321]

The plant is not space age technolgy. Getting the plant running is not rocket science.  But then Elon Musk is not running the company.  And RHC does not have the ready access to capital that Musk  has at his fingertips.