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Pulsar Helium Inc V.PLSR

Alternate Symbol(s):  PSRHF

Pulsar Helium Inc. is a Canada-based helium exploration and development company. The Company’s portfolio consists of its flagship Topaz helium project in Minnesota, United States, and the Tunu helium project in Greenland. The Topaz is located in the state of Minnesota, 100 kilometers (km) north of the regional center of Duluth. The Tunu Project consists of a Special Mineral Exploration License (MEL-S 2021-45) that covers Liverpool Land in East Greenland and has an area of 2,772 square kilometers (km2) and a Mineral Prospecting License (MPL 2021-46) that covers East Greenland. The project is on the east coast of Greenland in Liverpool Land, a peninsula in eastern Greenland which faces the main European continent. It is five km from Ittoqqortoormiit and 40 km from the Nerlerit Inaat International Airport (CNP).


TSXV:PLSR - Post by User

Comment by Bertie20on Jun 08, 2024 1:52pm
115 Views
Post# 36079359

RE:RAMBLINGS AND OBSERVATIONS

RE:RAMBLINGS AND OBSERVATIONSGood post. One thing to add is the possibility that, after this well, Pulsar will have a much better idea of where to drill the next well for an improved flow rate. There was no thought regarding location with this well; they just plonked it right next to the original well from 2011. It's entirely plausible that, with the recent seismic and the knowledge gained from this well, they can target a better location for flow testing. In reality, this well has merely proved up a proposition--that the 2011 "accidental helium discovery" really was the real deal. Now they need to focus on the highest-potential acreage. The question is: do they have enough cash currently on hand to drill another one?
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