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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 Apr 03, 2024 7:17am
214 Views
Post# 35966986

David Minchin has resurfaced

David Minchin has resurfacedOusted CEO of helium one (not all his fault) has resurfaced with Helix Exploration, a new helium company going public April 9. They have an acquisition vehicle that has raised significant capital, like 180 million dollars of shares at $10. Their project is similar to Val Marie on the Montana side. Not unlike Saskatchewan idea. Run by Bo Sears and DM is chairman,  They have enough money that they might be successful. Their plant will be cheaper and will work.  RHC with its current share price is going to be capital starved and will have a hard time going on the growth path it wants and is trying to achieve. That is just my opinion. Anyway RHC holders should take a look at this.

https://www.helixexploration.com/project/

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