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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 Stitcheson Jan 25, 2022 11:25am
285 Views
Post# 34358154

Paying attention

Paying attention

A few thoughts, first of which is the fluctuating share price. This is an exploration company, not a current producer, so we are reliant on due diligence, and we don't have an aweful lot to go on right now, so we are reliant on what the drilling numbers will be. Over and over again I have had to wait on my juniors for sometimes years, only to find out there is nothing, and they disappear. Others I have had to wait for years, they hit and begin producing and skyrocket. Patience is the key, kind of like waiting in the waiting room at the delivery room! It comes down to one's ability to accept the risk, as well as the waiting time for positive or negative outcome.

Reliability of supply and safe jurisdictions are becoming more and more important, and being right next to the technological centred America and being close to the American border is a strategic advantage. 

Lastly, do not forget the potential massive size of this deposit, it takes time to delineate a land mass of this size, and what portion or portions will turn out to be economically viable. There already exist production plants in Southwest Sask., Southeast Alberta, so if we do hit a viable resource, marketing may not be such a huge issue.
Stitches.

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