The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Why are we allocating precious treasure to a speculative enterprise 11000 miles away when we have yet to produce any gold from the mine or the waste heap? What has the rock crusher been doing all these years FFS put the money in the mine and extract fingers and gold!
Resource exploration company Pulsar Helium, Inc. announced the discovery of helium stores in late February, after a drill just outside of Babbitt, in northern Minnesota, located gas deposits at depths of 2,200 feet (670 meters). Initial measurements showed helium concentrations of 12.4% — which "is just a dream," Thomas Abraham-James, the president and CEO of Pulsar Helium, told CBS News at the time. But new laboratory readings have surpassed those results.
The new tests reveal helium concentrations up to 13.8%, which are the highest the industry has ever seen, according to a statement. "That's just a mind-bogglingly large number, because really anything that's 0.3% or 0.5% helium or greater is of interest," Abraham-James told Live Science