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Bullboard - Stock Discussion Forum Total Helium Ltd V.TOH

Alternate Symbol(s):  V.TOH.W | V.TOH.W.A | TTLHF

Total Helium Ltd. is a Canada-based helium exploration, production, and storage solutions company. The Company’s operations are spread across two US states: Arizona and Kansas. The Company’s main footprint includes helium-producing assets in the prolific Holbrook Basin of Arizona, where its wells produce 5-8% helium concentrations. The Company has a joint venture interest in the Pinta South... see more

TSXV:TOH - Post Discussion

Total Helium Ltd > Sinking ship
View:
Post by BigSchlick on Dec 18, 2023 11:14am

Sinking ship

After this last news release I have to say it looks pretty grim. All 7 newly drilled wells are nothing but holes in the ground. They produce 0 helium and cannot be reconnected. Also zero urgency by management and even the drillers from the pinta south company are showing they have little confidence in economic production. They were supposed to be drilling 5 carry wells starting now. They have now said they will drill 1 test will in 2 months from now weather dependent lol. The old ceo was nothing but a used cars salesman. Wouldn't be surprised if there's legal action from Haywood securities.
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