- Helium demand is on the rise, placing pure-play helium producers in enviable position
- Company strategically positioned to bridge the helium supply gap
- Chairman David Sidoo is a key player in the company’s success, with a wealth of experience and a personal dedication to making the world a better place
The world is experiencing a helium supply shortage, and it is in need of pure-play helium producers. Medical industries need this critical component for cryogenics in MRI machines, and tech companies like Google and Netflix are integrating the resource into their own key initiatives. American Helium Inc. (TSX.V: AHE) (OTCQB: AHELF) is a junior energy company specializing in exploring for and developing helium assets in the United States. Led by Chairman David Sidoo, the company is working hard to fill the gap between supply and demand in the helium industry. Global demand for helium has risen by 10 percent per year over the past decade. The current supply of 5.4 billion cubic feet does not reach the eight billion cubic feet demand. If this trend continues, it is projected that the value of the helium market could exceed $1.5 billion by 2020 (http://nnw.fm/Mxf28). For companies like AHELF, this is good news.
American Helium is positioned to bridge the supply gap with its estimated 7.85 billion square feet of helium reserves in…
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