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Helium One Global Ord Shs HLOGF

Helium One Global Ltd is a United Kingdom-based primary helium explorer in Tanzania. The Company's Rukwa, Balangida, and Eyasi projects are located within rift basins on the margin of the Tanzanian Craton in the north and southwest of the country. The assets lie near surface seeps with helium concentrations ranging up to 10.6% helium by volume. All its licenses are held on a 100% equity basis. The Company's flagship Rukwa project is located in southwestern Tanzania within the Rukwa Rift basin which occupies the western branch of the East Africa Rift System (EARS) covering approximately 1,900 square kilometers (km2) in south-west Tanzania. This Project has proved an established helium system where the Itumbula West-1 exploration well has flowed 4.7% helium to surface. Its Balangida project area is located in north-central Tanzania. The Company's Eyasi Project has geological similarities to the Rukwa Project, demonstrating the potential to host a helium deposit.


OTCQB:HLOGF - Post by User

Post by Cabrio1on Jan 30, 2024 7:05am
91 Views
Post# 35852080

Helium One

Helium OneI bought Helium One through Schwab Global Securities instead of throught the Canadian market, due to the low volume on the Canadian Market. The cost of going to Schwab Global was not bad, 0.5 percent of my investment, plus $100. 

After the drilling rig broke down twice, the share price plummeted.   I found out on Twitter that they had obtained replacement parts and were drilling again, and had good shows of helium. I was able to get 2.5 million of shares at 0.2 cents 

This makes up for mly earlier loss when I bought at 10 cents per share.  How far will the share price run is the question, but I am thinking if it was a good buy at 10 cents, then we have another 5 or 10 bagger coming.  DYODD
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