Royal Helium Ltd. V.RHC.WT.A

Get Some Cows Home

[TheBridge]

Milley and I had the opportunity to have dinner yesterday at the Iron Chef Family Restaurant in Rosetown and again some of the discussion turned to our investment in Royal Helium. One of our group, a retired dairy farmer had a decent analysis of RHC, he said an old adage applied here from his area of expertise......"you can't milk the cows until they come home."  Can't milk RHC until they actually get more cows into the barn to milk. So far the Steveville cow is the only one being milked and the milker still isn't working efficiently. The other cows? well they're still grazing in the pasture and might have milk if someone could get them home in time and try milking them. Milley says that at the moment it appears that all we've got is a couple of milkers talking about how they plan to get the cows home, milking hasn't even entered the equation yet. Brent and Andrew let's get going, the share price can't move until we can get another cow or two home. Anyway, back to waiting. Oh, and the food, it was deliciious, we knew some of you would be wondering.

[Margin321]

I like that analysis.  But there is a mortgage on the farm (debt payments) so there is not unlimited time.  What could jump start the process is execution of the announced Val Marie JV. That brings in a whole new barn, without a mortgage. So even half the production from that those cows would be wonderful. I am regretting a bit my exit, but so far cannot bring myself to buy back in at

[hopeful88]

Two years late and counting. The wells were drilled long ago! That says it all, thanks Margin. Long gone!

[Henryviii]

IT would be interesting to know who sold 600000 shares into the bid price.