Royal Helium Ltd. V.RHC

Forty Mile

[Margin321]

Are they still planning on drilling the Forty Mile prospect in Alberta that they raised money to drill. Or is that actually under way.  I would assume Val Marie JV has fallen apart as no mention of that being closed.

It is beginning to look like the Arjae systems plant just is not going to work right. If they had bought a cheaper membrane plant like NA helium uses they could have been producing all the helium in the gas flow right away with no challenges. Maybe they could not jave separated the CO2 and condensate, but they arn't selling food grade CO2 either. And the months and yes years slide by. They should have had the helium from the Steveille wells into sales in a week or two. That plant may end up being the fatal error. Am I wrong?

[TheBridge]

We're heading down to Glen's Kitchen in Rosetown at noon for some delicious Asian food, and of course more diliberations about RHC. Milley's current assessment of RHC will receive some debate today but she stands on some firm facts. Milley says, to no ones surprize, that RHC's new management finds itself between a "rock and a hard place." Forty Mile appears to likely

[TheBridge]

Well it's been a week since we picked up some delicious Pansit Bihon from Glen's Kitchen and enjoyed it outdoors at the Rosetown Kinsmen Park. Tomorrow morning, Milley says we're stopping at Big Farmers for eggs Benedict and then we're heading east into Alberta. The weather is still nice so we decided to take advantage of it and get out of town on a trip. Foremost and Manyberries

[Asdfghjk]

At this point I firmly believe this is a dead duck. No news, a new guy who has a history of burying share prices much like Mr. Davidson. Sad but true. Here's  to hoping it jumps just enough for me to get a bit back and walk away. GLTA who still thinks this thing has life to it.

[Asdfghjk]

My guess is the JV guys come in, looked at the books, the financials and walked away. Otherwise we would've heard something by now. This entire thing rides on Steveville plant running at 100% and some magical fairy dust to bring revenue out of thin air, yeah I said it. IF somehow they pull this thing out if the danger zone it is sheer luck or someone with some vision and know how gets forty

[melvination]

If the Helium is in the ground in millions of acres in Saskatchwan and Alberta, then there has to be white knight (large corporation or private equity firm) to take this off their hands. No comments for a month - uselessness invoked!

[TheBridge]

As we've been driving though the south east corner of Alberta we have noted a number of things. The sun is shining, the sky is blue, a mild breeze is blowing, the gophers are still out, the hawks are gliding high,  the fields are golden yellow, the cattle look calm, some finishing harvesting is still on, oil and gas wells are pumping............but it doesn't look like anyone is