Today’s Stock: Blok’s Daily Stock: Pulsar Helium Inc. (PLSR)(PSRHF)Today’s Stock: Blok’s Daily Stock: Pulsar Helium Inc. (PLSR)(PSRHF)
Pulsar Helium Inc. engages in the identification, acquisition, exploration, and development of helium exploration projects in the United States of America and Greenland. Its flagship project is the 100% owned Topaz Project covering an area of 3,132 acres and located in Minnesota, the United States of America
My Thoughts 💭My Thoughts 💭
I think I threw this company on a watchlist after hearing about helium shortage and how hard it is to source it. I never bought any shares but I know helium is important to the modern economy.
At 860 sats per share ($92,499), and no dividend. This company just went public no to long ago they are all systems go when it comes to growth.
The company trades at a PE -17 which means investors are paying $17 to access $1 of losses. Ouch but this is to be expected with a company that is early in its growth phase.
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The fundamentals for this company are pretty bad. Not much here if you are a risk adverse value investor. Plus most of the shares are owned by retail which could lead to price instability.
But one share is under 1k sats. The market is expecting this company to go bankrupt but it is up 64% over the last year.
A part of me wants to speculate and get a few shares and take wait and see approach. With them having operations in Greenland and the USA having eyes on the country could make this company very interesting.
Picked up ten shares shall we add some to the stacker stocks portfolio?
I have a soft spot for the strategic, but potentially underdeveloped, resource play. It seems to the weakness of such approaches is the competition. PLSR definitely seems to be up and coming.
Many of the other helium guys (Altura, Avanti, Desert Mountain, Helium Evolution) seemed to hit their peak in 2021-2022, and it's been all downhill ever since.
Yeah this could be a multi decade trend. Why I am willing to speculate on it.
I always think about it like this. For go lunch and buy a risky stock. A decent lunch is what $15-$25 these days. For $10 I can get a good number of shares cheaply.
If they do nothing to 20 years think about it as just eating lunch the last twenty years and getting no return but if they do become something then you can possibly get a return as they look for helium.