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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 primarily focused on the exploration, development and production of helium, hydrogen, natural gas and condensate. The Company is focused on helium extraction from different raw gas sources in an environmental and economical manner by supplying elements deemed critical to the renewable energy and high technology industries. Its Holbrook Basin Helium Project comprises more than 1000,000 acres of key helium prospects under lease. Its West Pecos Slope Abo Gas Field and gas gathering system is located in Chaves County, New Mexico. The West Pecos Gas Field encompasses a vast infrastructure, including 188 wells, over 50 miles of gas collection lines, and 77,000 acres of oil and gas leases. Its secondary focus is developing hydrogen assets located within their helium fields.


TSXV:DME - Post by User

Post by HeliumHighon Jan 05, 2022 3:49pm
333 Views
Post# 34286631

New Peter Epstein Post

New Peter Epstein PostHere's a piece that Peter Epstein just put out today for what that's worth:  Desert Mountain Energy; rising to the top of the #helium space – Epstein Research [ER]

Nothing really new for those who have been following DME closely, but there's a suprising amount of noice all of a sudden right now (company presss release, new company investor presentation). 

Hopefully all this noise is a sign for more (and more meaningful) milestones/announcements in the coming months that will get the stock moving again:  Customer contracts (and hopefully some pricing info, which remains a major uncertain variable in many of our armchair economic models here); drill permits and initial gas analysis from the additional well sites (good gas data on a new wildcat would be fantastic, but even confirmatory/consistent data on the offset wells should be helpful); and of course actual production/revenue is the real tipping point here but further off - hopefully no more than the currently planned ~6 months.
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