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Royal Helium Ltd. V.RHC

Alternate Symbol(s):  RHCCF | V.RHC.WT.A | V.RHC.WT.B

Royal Helium Ltd. is a Canada-based company, with a primary focus on the production and development of helium and associated gases and is currently producing helium from its Steveville project in Southern Alberta. Its helium reservoir at Steveville is carried primarily with nitrogen. Nitrogen is not a greenhouse gas (GHG) and therefore have a low GHG footprint when compared to plants in other jurisdictions that rely on large scale natural gas production for helium extraction.


TSXV:RHC - Post by User

Comment by canuckktraderon Apr 07, 2021 10:55am
370 Views
Post# 32948992

RE:RE:42 MILLION SHARES .22 ABOUT TO HIT THE MARKET NEXT WEEK

RE:RE:42 MILLION SHARES .22 ABOUT TO HIT THE MARKET NEXT WEEKI wouldn't read too much into the gas concentrations, thousands of gas wells all around that area show He concentrations that RHC just reported, it's nothing special. They didn't saying anything about pressure, perosity, water sturation, etc.. So many things that are needed to ensure a well is economical. Avanti I believe is very well capitalized, I've been watching them for a buying opportunity, word is they are a real serious team of proven PNG guys who have developed billion dollar world class plays in Western Canada, they also have land in AB with He concentrations above 2%, be interesting to see what news starts flowing out of them in the next ferw weeks.
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