This Conservative Play On $RHC Royal Helium Nets +247% or more..

Whether or not you see this as a viable play depends almost entirely on whether or not you think the niche industry of Helium capture and re-sale is a high-growth sector or not. I happen to think that the hype is real, as long as you're taking a conservative long-term approach to your analysis. I do NOT believe this will retake all time highs (roughly $2-$3) in any one given life-time. But there is a possible 3-5 year play present here that could potentially net +200-250% depending on your risk tolerance and exact buy/sell levels...

"Royal Helium is focused on the exploration and development of primary helium in southern Saskatchewan. Royal Helium is currently one of the largest helium leaseholders in Canada with land that was methodically evaluated for helium [...] and has been vetted by helium experts, professional geologists and engineers."

We show areas of modest resistance/support around $0.40 CAD and $0.59 CAD, with the current buying opportunities chopping sideways at $0.17-0.19 CAD. If price reaches $0.15 CAD, I will significantly increase my position and set a price target for profit-taking starting at $0.55 CAD (+266%).

I set my target date for maximum profits before a pull-back at 2030. Literally just a guess.

What do you think?
Chart PatternsTrend Analysis

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