Hello Bottom? This week has been a little rough for Royal Helium ($RHC.v) with many selling off in response to $RHC's bought deal financing announcement.
That being said, today they closed down less than 2%. I think this indicates that most who wanted to sell out of frustration with Tuesday's news already have and that we are very close to a bottom for RHC.
Personally, I think RHC is very likely to bounce back and beyond as they get closer to, and eventually get, Steveville on production.
What do y'all think? Have we reached the bottom?
RHC @ $0.25, MC $51.652M