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Bullboard - Stock Discussion Forum First Helium Inc V.HELI

Alternate Symbol(s):  FHELF

First Helium Inc. is a Canada-based independent provider of helium gas in North America. The Company is exploring and developing a premier helium project in Alberta, Canada. The Company's Worsley Helium Project in northwestern Alberta is an advanced-stage project covering 53,000 acres with multi-commodity exposure to helium, as well as oil, natural gas liquids (NGLs) and natural gas. Its... see more

TSXV:HELI - Post Discussion

First Helium Inc > Private placement
View:
Post by SteveQ on Mar 09, 2022 4:51pm

Private placement

It's not like the company needs cash badly or needs to take advantage of raising capital while their stocks trading high , its low actually.  

it trades higher than two months ago , but it's cheap for what the revenues are.    

if they raise money right now , I wouldn't think it's a smart business decision.   

but what do I know about business anyway , I'm just a truck driver honk honk !

Comment by crude on Mar 09, 2022 6:19pm
Saw in a post a while back  - just a comment. thought they would not need the cash either tx (honk!!
Comment by Shaawn359 on Mar 09, 2022 6:38pm
There is a video on YouTube where the company CEO says they will raise funds without diluting the share pool... the video was from January 2022. He also talks about the plans for 2022... namely getting a few more wells drilled and production started on their helium. It's going to be a big year. The market has been choppy and it has affected the share price with the wild swings. But for a ...more  
Comment by crude on Mar 10, 2022 9:50am
checking out the video Tx
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