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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

Post by TheBridgeon Jan 25, 2022 10:19am
232 Views
Post# 34357708

Paying Attention

Paying AttentionDYODD, For those who may not have seen it, there is a great read in an article by Rod Nickel, Thomson Reuters, dated Jan. 18, 2022, Winnipeg, Man  which refers to RHC and is entitled: Canada's Saskatchewan Province Gets Lift From Helium Activity. Two quotes follow but read whole article.
Saskatchewan's ambition remains a "stretch goal" considering there are large helium projects under development in Russia and Qatar, said Phil Kornbluth, a U.S. based helium analyst. "While there continues to be a bullish opportunity for companies who successfully discover large reserves of helium and are able to raise significant capital, there has been a fair amount of exaggeration and hype gererated by some of the more promotional "start-ups", Korbluth said. However, he did not say RHC was one of the start-ups.
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