OTCQB:IMPHF - Post by User
Post by
5baggercallson Jun 30, 2021 3:49pm
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Post# 33474601
Permits In Hand & Drilling Imminent
Permits In Hand & Drilling Imminent Fantastic News! Imperial #Helium announced permits in hand today and commencement of drilling ASAP - Road construction is being finished and then drilling will start! Based on the investor presentation we know 2 wells will be drilled. Both will be used to test flow rate, concentration and used to calculate a resource estimate. All of this will take place over the next few months and everything, including resource estimate, is expected to be completed sometime in Q4…. Obviously we are just starting a heavy news flow period with many catalysts coming. For those unaware, IHC.V is the lowest value Helium company, and also the most recently listed. It is also one of the more advanced #Helium pubco’s to buy. IMO risk is very low. IHC has multiple analyst reports out both with price targets at ~$1. Currently the stock is at 31.5cents. https://imperialhelium.ca/news/imperial-helium-commences-field-operations-at-the-steveville-helium-property/