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Coeur Commences Drilling at Silver North's Tim Project (click to learn more)
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Bullboard - Stock Discussion Forum Desert Mountain Energy Corp DMEHF


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

Metals & Mining Industrial Metals & Minerals
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

TSXV:DME - Post Discussion

Desert Mountain Energy Corp > Great news
View:
Post by Buyhigheatchips on Mar 14, 2023 11:13am

Great news

Thank you DME.
Comment by Buyhigheatchips on Mar 14, 2023 11:54am
I wonder if any existing shareholders are part of the PP and might use this news to sell and trade up for a warrant. 
Comment by Bertie20 on Mar 14, 2023 1:10pm
Genuinely fantastic news. The big unknown remains flow rates, but news should start trickling out on that front in the next month or so I'd think (as they progress the 90-day optimization process). One of the reasons they drilled deeper than Pinta Dome was because it should result in higher pressures (and thus higher flow rates). Soon we'll see if they were right.....
Comment by UnderValued on Mar 14, 2023 7:09pm
Hopefully they will be able to release the selling price per mcf soon so we can see what kind of a premium they are able to get!
Comment by mrfrankl on Mar 14, 2023 7:11pm
People might freak out if they do that. Remember that the first sale will be lifting gas (cheap stuff) while optimization happens
Comment by Fredo51545 on Mar 14, 2023 9:00pm
Also, selling to a distributor instead of an end user will lower the realized price for any given grade.
Desert Mountain Energy Corp
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