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Desert Mountain Energy Corp V.DME

Alternate Symbol(s):  V.DME.WT | DMEHF

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

Post by 12groundpounderon May 20, 2021 10:21am
172 Views
Post# 33237127

Well now only cost 425,002 to $475,000

Well now only cost 425,002 to $475,0001.  The minimum lowest estimate wells by management figure on 9 million in revenue per well annually witch is 8 million net earnings but that's at the lowest gas price estimate of $280 MCF. The lowest we should get is $1000 US. So then that's 27 million revenue or 25 million net Earnings annually. Investors pay at a minimum 10 times that annual earnings for an increase of 275 million In capitalization. When's the last time you invested in a company that turned $425,000  to $475,000  drill costs for Wells completely environmentally air drilled  Into 275 million in average capitalization increases . How many companies run their operations and their refinery with free electricity from solar and  save 7 million because they get free trucking as the end user picks it up.
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