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Royal Helium Ltd. V.RHC.WT.A


Primary Symbol: V.RHC Alternate Symbol(s):  RHCCF | 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 Margin321on Mar 19, 2024 9:13am
176 Views
Post# 35940128

3 year chart

3 year chart3 year chart is the ugliest of all shares that I own. Not selling all to preserve a slice of value is one of my most contrary decisions right now. What goes up must come. (gravity). The opposite is not true, there is no such thing as reverse gravity. There is only the mythical Phoenix rising from the ashes. That can happen and it is painful to miss. Especially when there is so little cash left to preserve. So the stubborn part of me chooses to let it play out and hope for an improbable rebirth while willing to write off the whole mess. One path starts with testing Val Marie and Ogema (two year late and nothing happening despite enough money to do that)  and figuring a simpler and cheaper production plan for the next in a series of small reservoirs. Call that the NA Helium playbook. The other is a farm out with a deep pockets partner drilling a horizontal well at Nazare and proving that Nazare is a different and much larger type of Saskatchewan helium resource. 
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