Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Desert Mountain Energy Corp DMEHF


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

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 in the prolific Holbrook Basin in Northeast Arizona. Its secondary focus is developing hydrogen assets in the McCauley Helium Field. Noble gases or inert gases are six gaseous elements found in small amounts in the Earth’s atmosphere. They include helium (He), neon (Ne), argon (Ar), krypton (Kr), xenon (Xe), and radon (Rn).


TSXV:DME - Post by User

Comment by deercreekguyon Mar 03, 2023 5:47pm
207 Views
Post# 35318693

RE:You would

RE:You would Come on Flash. the Company had already told us that their cash was just sufficient to finish the first  processing plant; which they have essentially done.  Like yourself, I would have preferred that they sold some finished helium before going after mory money, but that was no doubt a bridge tto far, and they had to go back to the market, finance that is... Personally I think they did fairly well.  You have to expect that new capital will get a break, and I think the break they are getting is very consistent with the risks they are taking..

The alternative to dilution was trying to get bridge loans, and with interest rates rising, as they are, that was not attractive, and possibly not even doable,  So, all things considered, I think todays new was neutral at worst and fairly good at best.. I bought a few more shares and wish I had the amunition to have bought much more.  Lots of luck to the brave longs
<< Previous
Bullboard Posts
Next >>