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Pulsar HeliumTSXV:PLSR

Helium developer, with a project stated to be in Minnesota, at the Canadian border.

developer helium
Jan 2026Covered
6 of 10Topics on record
1 executiveNamed on the record
Stage
Developer
Primary commodity
Helium
Jurisdiction
Minnesota, at the Canadian border
Latest appearance
31 Jan 2026
On record
1 interview · 12 statements · 1 executive

At a glance

What the record holds today. Every card names where it came from — a management representation is not an established fact, and the page never blurs the two.

Grade
8 to 10% helium concentration at project; about 100 miles south there is 2% helium
Management-stated Thomas Abraham-James Jan 2026
Money on hand
warrant exercises from major shareholder brought in quite a lot of cash; facility for additional $4 million from US investor
Management-stated Thomas Abraham-James Jan 2026
What happens next
drilled up to hole number five; currently on hole number six; drilling continuing until beginning of April
Management-stated Thomas Abraham-James Jan 2026
The main open question
The company must still prove scalability; connectivity between pockets remains unconfirmed despite testing.
Weighed from the statements below, not our opinion of the company.
Our reading

Management view vs outside view

Management interviews are promotional by nature; the outside view is the counterweight. Both are quoted from the recordings, not added by us.

What management spends its time on

Counted from Pulsar Helium's own claims across 1 interview — most-covered theme first.

What outside voices pick up on

No independent commentary on record yet — so far the page carries only the company's own voice.

Bull · Bear · Watch next

Weighed from the statements on this page — management's pitch and the outside view. Not financial advice, and not our opinion of the company.

▲ Bull case

Management says the company discovered primary helium reservoirs at 8–10% concentration in Minnesota, with multiple wells hitting gas and natural flow rates without fracking.

What it rests on
Evidence: 3 moments from 1 interview
Read the full case

Management says the company discovered primary helium reservoirs at 8–10% concentration in Minnesota, with multiple wells hitting gas and natural flow rates without fracking. An expanding footprint—appraisal and step-out wells 2.5 km away also intersected gas—suggests a broad system rather than isolated pockets. Three marketable products (helium, helium-3, CO2) and persistent US shortages create a timing advantage, with government interest in helium-3 and the federal reserve near depletion.

▼ Bear case

The company must still prove scalability; connectivity between pockets remains unconfirmed despite testing.

What it rests on
Evidence: 2 moments from 1 interview
Read the full case

The company must still prove scalability; connectivity between pockets remains unconfirmed despite testing. Helium-3 and helium concentration claims rest on early-stage drilling—only five holes completed as of the interview, with a mid-year resource update pending. Financing is thin: warrant exercises plus a $4 million facility are noted, but no major development capital or offtake agreements are disclosed, and no independent validation of the deposit exists.

◆ Watch next

Resource update mid-year with test results.

What it rests on
Evidence: 2 moments from 1 interview
Read the full case

Resource update mid-year with test results. Drilling campaign completion by early April and pressure/connectivity data from holes 6+. Evidence of scalability: whether step-out and appraisal wells confirm a connected system or isolated pockets, and whether three-product economics hold at resource definition.

Each moment links to the exact point in the source recording. The cases are drawn from the transcripts, weighed as written — they are not a rating, a target or a recommendation.

Project 7 statements

The deposit 4

Key takeaway. Management describes the deposit as a primary helium resource, meaning the helium occurs in its own right rather than as a byproduct of natural gas production.

Read the full summary

The company reports helium grades of 8 to 10% at the project, noting that about 100 miles south typical grades are around 2%. Pulsar says the project has potential for three marketable products—helium, helium-3, and CO2—and that roughly 85% of the raw gas could potentially be sold. Management highlights that the initial discovery was made in 2024, a deepened well encountered additional gas zones at greater depth, a twin appraisal well also hit helium, a step-out well 2.5 km away intersected gas, and pressure in the reservoir is increasing.

What was actually said
deposit type
primary helium resource (geological reservoirs with standalone helium, not a byproduct)
“what we specialize in is geological reservoirs just like say an oil or a natural gas deposit except they're not there but helium is.”
Thomas Abraham-James· 31 Jan 2026·
exploration upside
initial discovery in 2024; deepened well found additional gas zones at greater depth; twin appraisal well also hit helium; step-out well 2.5 km away intersected gas; pressure increasing
“So what we did is we we made a uh initial discovery and that was actually four and 24. And so then last year what we did is with that discovery we we deepened a well that we drilled and we found that there were additional gas zones at greater depth.”
Thomas Abraham-James· 31 Jan 2026·
exploration upside
potential for three products: helium, helium-3, and CO2; potentially about 85% of raw gas could be marketed
“And then the potential for three products that could be sold. So helium, helium 3, the one I mentioned just a moment ago, and then CO2 as well. Um, so potentially about 85% of the raw gas could be marketed.”
Thomas Abraham-James· 31 Jan 2026·
Show the other 1 statement
grade
8 to 10% helium concentration at project; about 100 miles south there is 2% helium
“the 8 to 10% that we're seeing at our project but nevertheless it still suggests a very broad system.”
Thomas Abraham-James· 31 Jan 2026·

Jurisdiction 1

What was actually said
region
Minnesota, at the Canadian border
“Our main project is the uh topaz project in Minnesota, certainly at the Canadian border.”
Thomas Abraham-James· 31 Jan 2026·

Technical risk 2

Key takeaway. Management acknowledges that the primary technical risk is determining whether the helium system is scalable or consists of isolated pockets, with connectivity testing currently ongoing as of January 2026.

Read the full summary

The company notes that a key operational assumption is that wells flow naturally without fracking, and it reports that good flow rates have been achieved under that approach.

What was actually said
key assumption
wells flowing naturally without fracking; good flow rates achieved
“So naturally coming to surface without fracking the ground um and very high concentration helium.”
Thomas Abraham-James· 31 Jan 2026·
stated risk
need to determine if system is scalable or isolated pockets; connectivity testing ongoing
“So can you sort of explain how you go about that that planning and understanding? Certainly. So firstly with the composition.”
Thomas Abraham-James· 31 Jan 2026·

Economics 1 statement

Financing 1

What was actually said
cash position
warrant exercises from major shareholder brought in quite a lot of cash; facility for additional $4 million from US investor
“So we've been able to exercise those. So that's been um quite a large amount came in from our major shareholder. uh and then the rest. So, it's really tidied up the um the share structure of the company and brought in quite a lot of cash. Uh we also have a facility um for an additional $4 million from uh a US investor of ours as well.”
Thomas Abraham-James· 31 Jan 2026·

Timeline 2 statements

Timeline 2

Key takeaway. Management reports that drilling is ongoing, having completed up to hole number five and now working on hole number six, with drilling expected to continue until the beginning of April.

Read the full summary

The company also says a resource update is due sometime around mid-year, and a testing program is currently underway.

What was actually said
milestone
drilled up to hole number five; currently on hole number six; drilling continuing until beginning of April
“So now we've drilled was that up to hole number five. Uh every single one of those is intersected gas. Um and we've seen the the pressure the bottom hole pressure is increasing as well. We're seeing some really quite spectacular numbers there. Um so that's what happened last year and now this year uh we continue drilling. Uh we'll probably drill until the beginning of April and uh so currently on hole number six at the moment”
Thomas Abraham-James· 31 Jan 2026·
study due
resource update sometime around mid year; testing program underway
“So um a lot um a lot we're aiming to have all that information um sometime around you know mid year so that for the latter half of the year with any luck we can then start to look at you know okay right how do we move these resources to reserves”
Thomas Abraham-James· 31 Jan 2026·

Corporate 2 statements

Market 2

Key takeaway. Management says the timing for their project is supported by persistent helium shortages over the past 15 years, noting that helium is difficult to transport due to leakage in liquid form and that the US is the number one market for helium.

Read the full summary

They also point to strategic interest in helium-3 from the US government for quantum computing, fusion energy and border security, as well as concerns from the American Hospitals Association about helium supply for medical equipment. According to management, the federal helium facility has been previously privatized and is now near depletion.

What was actually said
strategic interest
US government interest in helium-3 for quantum computing, fusion energy, border security; federal helium facility previously privatized and near depletion; American Hospitals Association concerned about helium supply for medical equipment
“uh you know there's companies getting quite a lot of uh funding from the US government and elsewhere for mining helium 3 from the moon of all places. So we could potentially offer a credible alternative to the moon.”
Thomas Abraham-James· 31 Jan 2026·
timing rationale
persistent helium shortages over past 15 years; helium difficult to transport (leakage in liquid form); US is number one market for helium
“Um there has been quite persistent helium shortages over the past 15 years roughly. Um so that would bring security of supply to the states.”
Thomas Abraham-James· 31 Jan 2026·

Sources 1 interview

Every interview 1

DateChannelInterviewStatements
31 Jan 2026 Crux Investor Pulsar Helium (TSXV:PLSR) - Building America's Primary Helium Supply 12

What else those interviews covered

Every other asset named in the same recordings, by how many of them named it — the company's coverage context, not its holdings. Where the name is another company we hold a record for, it links to it.

co2 1
helium 1
helium-3 1

Questions people ask

What is Pulsar Helium's project and where is it?

Pulsar Helium is a developer helium company. Everything here is drawn from its executives' own interviews.

Which interviews mention Pulsar Helium?

We track 1 interview mentioning Pulsar Helium, across 1 channel (Crux Investor).

What are investors saying about Pulsar Helium?

No independent commentary is on record yet — so far the page carries only the company's own voice.

What do recent interviews with Pulsar Helium cover?

The most-discussed topics on record are the deposit, timeline, technical risk, market — each claim quoted and dated in the sections above.

How to read this page

What is here

Statements made by company representatives in the interviews listed above — each one carrying the words that made it, the date, and the recording. Nothing is added from any other source: if it was not said on a recording, it is not on this page. The one exception lives in the Claims & Checks record, which cites a metal price from our own feed so a stated cost can be set against it — and labels it as ours wherever it appears.

What is not verified

All of it. Resource figures, economics, timelines and promotional framing are management's own representations, checked against no filing and no technical report. Transcripts are automatic; we repair a clearly mis-heard word but never a number, a date, a unit or a speaker's hedge — “about 8.6 million ounces” keeps its “about”.

How to use it

Treat it as a map of what has been said, not as a source of fact. Where a figure matters to you, open the recording and read the company's filings. Nothing here is financial advice, a recommendation, or an offer to buy or sell any security — these are interested parties discussing their own company.

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