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

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TSXV:RHC - Post Discussion

Royal Helium Ltd. > Val Marie

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Post by Margin321 on Jul 22, 2024 10:37am

Val Marie

I am not invested here any more but still following. Seems to me closing of the Val Marie JV with 25 million of cash infused there from Sparrow hawkwould be a huge deal. Not a word on that even though it was announced on April 16. If it goes through the shares should go up. If it falls apart the shares may drop back. Market cap of the whole company is 22 million. Hard to believe anyone would pay 25 million for half of Val Marie before that first well is even tested.

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