blue star is in the blue sky, blue star MD+ blue sky resource...

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sydney6791

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26/07/21

18:11

Post #: 54785253
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Originally posted by Profit Prophet: ↑

I hope an update on the "helium" is provided soon.

GJ said in the recent stock head interview that significant helium has been found in some of their Canadian (Alberta) wells.

Has the potential to be huge imo;

Eight Capital analyst Phil Skolnick said, “Prices have been anywhere from $200 to $600/MCF.” (MCF is an abbreviation for 1,000 cubic feet.) “As a frame of reference, natural gas trades at about $3/MCF. Base case, we could see helium demand outpace supply at least until 2025.”

https://calgaryherald.com/business/...mand-for-lighter-than-air-helium-takes-flight

I mean Blue Star helium, the company that Joanne Kendrick once led, is a helium explorer and has a market cap of approx $40m, nearly double that of SGC.

The helium on its own could light up the SGC shareprice imo, let alone the significant oil and gas exploration and production assets that it also has.

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blue star is in the blue sky, blue star MD+ blue sky resource are now all contributing to SGC's growth.
To acquire tenements with Helium potential is realistic for SGC, either because of its management team or its strategic positioning.
USA(55%)+Canada(20%) possess 75% of world helium resource.
Helium is a strategic resource, price is always 100*natural gas price, China needs to import 95% of its consumption and USA restricts the usage of Helium exported to China--no research purpose, so price is even not a problem.

SGC just needs to bid for the lease of tenements in Canada as first step.

SGC Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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