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Royal Helium Ltd. V.RHC

Alternate Symbol(s):  V.RHC.WT.B | RHCCF | V.RHC.WT.A

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 16, 2024 11:56am
192 Views
Post# 35991669

Interesting Yahoo Finance board

Interesting Yahoo Finance boardAll kinds of disinformation and distractions, seem almost designed to blunt any positve reaction. In my opinion this is a MILESTONE .  In the past when small mineral and other resource companies had new discoveries and met other important milestones, the share price would re-rate appropriately. That would reward shareholders, encourage more investment, and make the capital markets more efficient as a source of future capital. That is not happening now and for years, resulting in marked undervaluation of this sector.  It is a complicated issue but amplification of disinformation is part of it. There are some who think that algorithmic trading and short exempt status for banks, mutual funds, and venture capital who do such traidng may be playing a role.  Do not misunderstand me - RHC is still a high risk stock. But they have a plan of growing production and revenues and profits by sequentially adding new sites, as NA Helium has done., And helium is very valuable and RHC is selling it at a premium directly to end user.  This JV is positive and increases the chance that they may accually be able to succeed on their plan. It should lead to some re-rating of the shares. There is nothing negative about this.

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