First Helium Inc V.HELI

well wheels first helium is basically a "zombie" stock

[uograd]

essentially the play here is over.  the company has no money negative cash flow at current oil rates, no chance to drill anything and farm out prospects are minimal and offtake agreement is like looking for harvey the rabbit

10,000,000 more trading shares just hit the market as well.

So only hope is a real company like say birchcliff or crew who are sitting around doing nothing in terms of drilling with aeco gas at 2.45 this morning and station 2 at 1.12 per mcf (how brutal is that) decide to move some of their capital allocated to gas and take a run at helium as another growth vehicle.


Ed will have had relationships with most of these guys through canaccord over the years so maybe one of them throw him a bone, buy his company for stock, kick him to the curb and actually see if 15-25 actually really has marketable helium

otherwise we go to zero.

[Wheels54]

That's an extremely pessimistic outlook for a company with no debt, some income and perhaps having a small monthly cash deficit at the moment in a young industry with growing demand, dwindling supply and traditional sources no longer stable or reliable. You've been very skewed to the negative the entire time (and with the current stock price I don't really blame you) but your analysis