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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

Post by TheBridgeon May 03, 2024 10:58am
307 Views
Post# 36021631

Taking On Risk

Taking On RiskStill cloudy, windy and cold in Rosetown this morning. Milley and I stopped in at Big Farmers this morning for breakfast and ran into a fellow RHC dreamer (shareholder) who pointed out an interesting proposition that he was considering. He said that this morning there were 1,432,000 shares being made available at 8 cents per share. Fred said that it would mean spending $114,560 to purchase them. He said that someone could then turn around and sell them when they hit 10 cents per share and take a profit of $28,640 which would amount to 25%.. Fred said it was a tempting risk but he's considering it, said that there's a pretty good chance of collecting a profit before Milley can collect her raspberry crop this fall. Milley said she's sticking to collecting her raspberries as she's more certain of a collection. Now we wait to see how the Fred - Milley story unfolds.

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