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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

Comment by Margin321on Jan 05, 2023 12:36am
226 Views
Post# 35204176

RE:RE:RE:RHC.v starts the new year with high-volume.

RE:RE:RE:RHC.v starts the new year with high-volume. I just think it is prudent to wait and see if Argae systems can deliver a unique cryogenic processor by March.  If they do and RHC sells 6 digit Helium to space rocket launch company in April then RHC shares will quickly double.  If they don't then RHC  shares will be in basement for a long time.

Shares were down 46% in 2022. They are down 4.48 % so far 2023.  And we are supposed to be excited because volume was up a little on first trading day of new year?   Has my advice to be a little cautious been misplaced?

Currently the execution risk is related to that purifier being installed and functioning in March. If anyone has any further information about that please share it.  I would not buy RHC hand over fist until that is more clear. In fact I am not buying any more RHC until that is more clear. Just me, I am cautious. I want the company to do well. I have not sold any shares.  I am hoping for a better signal before I buy more.
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