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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 > this has been in the cards for awhile
View:
Post by uograd on Jan 23, 2024 9:54am

this has been in the cards for awhile

what i was told was they had a group that was going to put money in at .10 or .09 or whatever.  they have bailed

the 3.0 million has already been put in by management.  1.8 before and now the rest.  most of the money is gone, so nothing to drill or expand with

they will convert this 3.0 million into 60 million shares and then do stratetic alternatives in hope to get some of their 3.0 million back

sad story but great positive vibes everyday on twitter just has to make your heart go pitter patter
Comment by Wheels54 on Jan 23, 2024 8:35pm
Who told you this? By the time their first sales of helium are received they are going to be damn near private with how many shares insiders hold. Isn't it nice they are torching loyal investors with their lack of performance all while buying shares at all time lows for themselves.  Market conditions are the playground right now that all companies need to deal with. So deal with it. I ...more  
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