This could be one of the most critical supply squeezes of our lifetimes … for a gas that is oddly both abundant and rare.
And tech giants are about to find themselves fighting for who gets the leftovers, while the next explorer to make a discovery will probably reward investors multiple times over.
This gas is a very important part of hard drives.
It’s the linchpin of big data storage, which we can’t get enough of.
It’s essential to IBM (NYSE:IBM), the king of quantum computing.
Tesla CEO Elon Musk’s SpaceX needs tons of it. Musk says this gas costs him more than liquid oxygen, and prices are about to skyrocket.
Google, owned by Alphabet (NASDAQ:GOOGL) needs this gas for a novel way to offer rural areas internet–from the stratosphere, and streaming giant Netflix (NASDAQ:NFLX) has joined the list of major consumers of this gas for its massive data storage.
A new discovery would help science and medicine.
It will save money for big data, too.
And is critical for fiber optic cables, semiconductor chips, and superconductors.
It might even be the life of the party …
NASA and Space X space missions need it.
And without a new discovery, tech giants like Alphabet, SpaceX, Microsoft, IBM, and even Netflix will suddenly find that what used to be a commodity taken for granted is now priced to reflect a short squeeze.
The gas is helium. And we’re running out–fast.
It’s abundant in the universe, but more rare on earth, and almost no one’s been seriously exploring for it. Until now.
The team at Avanti Energy Inc. (TSX: AVN.V; US OTC: ARGYF) has already made a discovery in Canada’s prized Montney, for Encana. That’s one of the richest natural gas deposits in the world. And the team is using the same methodology to explore for what it hopes will prove to be some of the richest helium deposits in the world.
Now, they’re back to explore again, but this time, they’re not just looking for helium as a by-product of natural gas–they’re looking for the mother lode of helium to feed the big tech, big data needs.
Three Prime-Time North American Helium Prospects
In just the past month, Avanti has made three key acquisitions–two in Alberta and one in Montana–that it hopes will put it on track to become the next potential leader in new helium discoveries.
That’s significant because we’re in the middle of the world’s third major helium shortage in 14 years, and this time it may be a supply squeeze like we’ve never seen before.
Why? Because we are now officially out of our helium comfort zone. Until now, we’ve always had the U.S. Federal Helium Reserve (FHR) in Amarillo, Texas, to rely on. Since the Cold War, the Fed has been stockpiling helium, providing some 40% of the world’s supply.
But we’ve used most of that up, and in September, the reserve will be shut down, while the existing price ceiling will disappear.
Without new discoveries, we’ll fall short of what big tech, medicine, and space…
Read More: Google, Amazon And Netflix Are Scrambling for This Rare Gas