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Bullboard - Stock Discussion Forum Desert Mountain Energy Corp DMEHF


Primary Symbol: V.DME Alternate Symbol(s):  V.DME.W

Desert Mountain Energy Corp. is a Canada-based resource company. The Company primarily focused on exploration, development and production of helium, hydrogen and noble gases. The Company holds properties under lease for helium, oil and natural gas in the Holbrook Basin of Northern Arizona. The Holbrook Basin Helium Project comprises +1000,000 acres of key Helium prospects under lease. Located... see more

Bullboard (TSXV:DME)

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Comment by tylerod1on Feb 14, 2023 7:52am

RE:RE:RE:RE:RE:RE:Stock Price Headscratcher

They have an agreement with drake drilling on their drill rig that they get priority through 2025 i believe. I would imagine they are also doing a lot of the hauling for drake too.  Helps to have ...more  
Comment by Margin321on Feb 13, 2023 10:06pm

RE:RE:RE:RE:RE:RE:Stock Price Headscratcher

You are absolutely right looking back at the press release early last year which does lay out the rationale.  No reson those tractors could not haul the iso tanks with helium.  DMC will have ...more  
Comment by Margin321on Feb 13, 2023 9:55pm

RE:RE:RE:RE:RE:Stock Price Headscratcher

Thanks. A little bizarre though to buy a trucking company to move drill rigs.  There are companies that do that. And then they have to find work for those trucks for the vast amount of time they ...more  
Comment by tylerod1on Feb 13, 2023 6:49pm

RE:RE:RE:RE:Stock Price Headscratcher

They bought heavy haul rigs for moving drilling equipment.  Completely different. Tube trailers can be hauled by nearly any tractor. 
Comment by mrfranklon Feb 13, 2023 2:11pm

RE:RE:RE:RE:Stock Price Headscratcher

The trucks are heavy haulers for moving drill rigs. Not for trucking tanks of helium
Comment by Margin321on Feb 13, 2023 2:09pm

RE:RE:RE:Stock Price Headscratcher

if they don@t deliver helium (or intend to) why did they bother to buy their own trucking company?
Comment by Margin321on Feb 13, 2023 2:08pm

RE:RE:RE:Stock Price Headscratcher

if they don't deliver helium (or intend to) why did they bother to buy their own trucking company?
Comment by tylerod1on Feb 11, 2023 12:21pm

RE:RE:RE:RE:RE:Stock Price Headscratcher

I've emailed Don a few times over the years and he's responded within a couple hours each time. I know a few other investors with the same experience. 
Comment by HeliumHighon Feb 10, 2023 5:33pm

RE:RE:RE:RE:Stock Price Headscratcher

For what it's worth (and I don't generally consider StockTwits the most reputable source), two separate posters there claimed that they emailed the company/DM this morning about the timing of ...more  
Comment by Pineappleheroon Feb 10, 2023 12:38pm

RE:RE:Stock Price Headscratcher

They don't deliver He, the customers collect it. Check the videos & slide stacks on the website. Right now they are fine tuning commissioning. That takes time, it's like painting a picture ...more  
Comment by HeliumHighon Feb 10, 2023 12:10pm

RE:RE:Stock Price Headscratcher

The market has been in a "prove it" mode for a while now.  And this is the specific moment for which everyone has been watching for DME to finally do some real proving.  Hopefully, ...more  
Comment by HeliumHighon Feb 10, 2023 12:07pm

RE:RE:RE:RE:Stock Price Headscratcher

Yes, DME has an unfortunate history of struggling to communicate clearly (even too often in their NRs).  That AIF really is at odds with everything said in the (pre-recorded and released over ...more  
Comment by Margin321on Feb 10, 2023 11:55am

RE:Stock Price Headscratcher

It is actually kind of simple. They just have to load helium on a truck, bring it to a local buyer, and announce the buyer and the realized price.  The plant is years late with many promises not ...more  
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