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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 assets include the flagship Topaz project in the USA with a helium content of 10.5%. It owns 100% interest in Topaz project, which is located in Minnesota, Midwest United States of America. The Company also owns 100% interest in Tunu project, which is located in Liverpool Land is a peninsula in eastern Greenland. The Tunu project has a land position covering an area of approximately 2,772 square kilometers.


TSXV:PLSR - Post by User

Post by Margin321on Aug 24, 2024 8:12am
196 Views
Post# 36194501

Some perspective

Some perspective  PLSR is trying to find and prove and commercialize a globally important helium resource in a new helium province. They are making progress. The Sproule report confirms that. There is more work to do. The 2024 work plan if successful could greatly expand the scale of their discovery and would be another step. You don't prove a globally important resource with one well penetrating the top of a reservoir. But everything so far says it is still possible. If it is proven and then commercialized then Pulsar  share price will be multiples higher. It is still risky but not like a lottery. I have been guessing someting like a 50% chance. Sproule says 65%. I am willing (even happy) to invest in Pulsar in the speculative part of my portfolio given those odds and the size of the prize if it happens. Everyone has to do their own due diligence. But it is clearly a serious company led by skilled and serious people and it starts with 14,5% helium flowing freely to surface, which is a world record and is a good starting point. 
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