Royal Helium Ltd. V.RHC

Trading halt

[Margin321]

I keep waiting for a trading halt based on good news and expectation that shares will go up after the halt is lifted.  A better financing deal might  have done that. But the long brutal slide continues as the financing deal was worse and "inApeil" slipped to "in Q2" as timeline to meet production requirements of the off take agreement. Wonder if they have amended the agreement? Darkest hour always before dawn - and dawn depends on little Argae systems delivering in March a working facility that can supply 6 digit helium not to mention methane for fuel and food grade CO2 for sale. No particular evidence they can (or cannot) do that.

[Money_514]

Over 2.5 millions hares traded so far and up 2.5 cents. I guess someone liked the new financing.

[waves1]

16.28% jump w/ 2.85M in volume at close.. this news is solid validation of RHC's potential and the confidence that schedule 1 banks have IMO 

[UnderValued]

Based on the volume and the move in price, the market definitely sees this as a positive step for Royal Helium.  There seemed to be a good flurry of buying with good sized blocks the last 10 minutes of the day.  I think the market sees that the financial outlook for the company is much clearer now and all they have to do is deliver on their operational goals.  And in my opinion

[Margin321]

Hope you are right and this marks a reversal of sorts. They do have a chance to move up and begin a whole new phase of the can deliver on operations which means plant operating in March and 6 digit helium being sold vis off-take agreements in April. Maybe I am jealous I had no access to those debentures. But if you look at the chart over the last year I have been right to be just a bit cautious