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Desert Mountain Energy Corp V.DME

Alternate Symbol(s):  DMEHF | 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 Margin321on Aug 19, 2021 1:39pm
250 Views
Post# 33731232

RE:12LBer - If You Really Want to Help Drive DME Stock North

RE:12LBer - If You Really Want to Help Drive DME Stock NorthProblem is not lack of pumping on multiple board.

They do not have a discovery yet, except in the headline. Discovery requires wireline testing.  They don't have appraisal which would give idea of size of reservoir and rate at which it can be produced.

They have talked for a year about production by end of 2021.  That clearly is not going to happen.

I think DME has great potential to become an important primary helium producer and if that happens the share price will be much higher. But the route to that higher share price is to demonstrate sequential steps of discovery, appraisal, engineering and permitting and building of the modular helium plant, and finally production, revenues and profits.

Posting on IHUB or on any other site is probably  inconsequential.

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