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Royal Helium Ltd. V.RHC

Alternate Symbol(s):  RHCCF | V.RHC.W.A | V.RHC.W.B

Royal Helium Ltd. is a Canada-based company, which is focused on the exploration, production, and infrastructure with a primary focus on the development and production of helium and associated gases. The Company controls over 1,000,000 acres of prospective helium permits and leases across southern Saskatchewan and southeastern Alberta. Its helium reservoirs are carried primarily with nitrogen. Its helium lease/permit land is comprised of 10 main blocks spanning southwestern to southeastern Saskatchewan. Its exploration drilling at the Climax block in the southwest resulted in the discovery of the Climax Nazare zone. Its drilling in the southeastern side of the province has been initiated on the Ogema block. The Company’s properties are all in close vicinity to highways, roads, cities and oil & gas infrastructure. Its subsidiaries include Royal Helium Exploration Limited (RHEL) and Imperial Helium Corp (IHC).


TSXV:RHC - Post by User

Post by TheBridgeon May 03, 2024 10:58am
237 Views
Post# 36021631

Taking On Risk

Taking On RiskStill cloudy, windy and cold in Rosetown this morning. Milley and I stopped in at Big Farmers this morning for breakfast and ran into a fellow RHC dreamer (shareholder) who pointed out an interesting proposition that he was considering. He said that this morning there were 1,432,000 shares being made available at 8 cents per share. Fred said that it would mean spending $114,560 to purchase them. He said that someone could then turn around and sell them when they hit 10 cents per share and take a profit of $28,640 which would amount to 25%.. Fred said it was a tempting risk but he's considering it, said that there's a pretty good chance of collecting a profit before Milley can collect her raspberry crop this fall. Milley said she's sticking to collecting her raspberries as she's more certain of a collection. Now we wait to see how the Fred - Milley story unfolds.

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