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Bullboard - Stock Discussion Forum Royal Helium Ltd. V.RHC.WT.A


Primary Symbol: V.RHC Alternate Symbol(s):  RHCCF | V.RHC.WT.B

Royal Helium Ltd. is a Canada-based company, with a primary focus on the production and development of helium and associated gases and is currently producing helium from its Steveville project in Southern Alberta. Its helium reservoir at Steveville is carried primarily with nitrogen. Nitrogen is not a greenhouse gas (GHG) and therefore have a low GHG footprint when compared to plants in... see more

TSXV:RHC - Post Discussion

Royal Helium Ltd. > Taking On Risk
View:
Post by TheBridge on May 03, 2024 10:58am

Taking On Risk

Still 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.

Comment by Margin321 on May 03, 2024 11:38am
It is tempting to add some below the bought deal pricing.  But again the clsoing of that deal has not been announced.
Comment by Henryviii on May 04, 2024 12:24pm
Yes Milly is much more certain with her raspberry bush.I think there is something suspicious going on.Why would you have so many to shares to sell at such a low price.Will we ever get out of the basement and will we ever know what tactics are being played.
Comment by TheBridge on May 05, 2024 1:16pm
Well, Henryviii's post certainly got Milley considering the answers to the questions that he raised. In considering some of the factors, she laid out a few comments that might lead to some answers. In her opinion and speculation she thought: -RHC really had no choice but to issue the bought deal offering at those prices. They need capital, and now, in order to continue with projects and work ...more  
Comment by Lordarmi on May 08, 2024 4:21pm
Well I like your thinking, positioned myself to make up for the loss of the last few years. We will get there
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