$RHC to conduct 2 seismic programs Perhaps due to market volatility over geopolitical conflict Royal Helium ($RHC.V $RHCCF) took a 10% hit on the TSXV, making me think it might be a good time to buy the dip.
With Russia being a huge helium producer I think companies with Canadian helium assets like $RHC could become highly sought after espically if sanctions continue.
Additionally just last week $RHC announced that it has initiated two seismic programs for its southwestern Saskatchewan properties.
39km2 of 3D seismic will be conducted over the central portion of Climax to detail and extend the deeper Nazare zone.
This 3D program is expected to advance the development modelling, production planning and expansion not only for $RHC's Nazare reservoir but also for the conventional helium zones its Duperow and Souris River formations above Nazare.
And the 3D seismic data will provide further guidance for the development of conventional helium traps.
Additionally, 20 linear km of 2D seismic will be conducted over the southernmost block at Val Marie to image the northern extension of a large structural high known as the Bowdoin Dome.
The results of these seismic programs will guide $RHC's upcoming drill programs for 2022.
More here: https://ca.finance.yahoo.com/news/royal-helium-commences-3d-seismic-133000458.html