BNL 0.00% 0.5¢ blue star helium limited

We are at the pointy end with drilling starting next week, page-6

  1. 51 Posts.
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    Desert Mountain Energy has a market cap 2.5X Blue Star. They recently drilled into 7% helium on their property. Plus they are on their way to implementing a mobile processing plant by the end of 2022.

    From what I understand it can be a short period of time from a well discovery to processing and sales. Blue Star isn't that far behind. First Helium is a step ahead because they are generating oil from their wells to pay for exploration and developing production of helium.

    One drawback with Blue Star is the share count. Many here in the US frown at such a large share count. This doesn't seem to be as big of a deal in Australia.

    I am seeing the Blue Star OTC shares now able to be traded in Vanguard brokerage but not the Schwab yet. The closing price yesterday for Blue Star OTC BSNLF was US$.041 or A$.057.

    IMO if Blue Star has a successful drill result the share price may go up 50%.


 
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6 3236507 0.4¢
 

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0.5¢ 23055286 17
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