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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

Post by Koskadellion Jan 19, 2022 8:17am
296 Views
Post# 34331832

Major Helium Facility Fire at Gazprom

Major Helium Facility Fire at GazpromA major helium supply outage in Russia will be a near-term positive for the listed helium E&P companies and may cause supply chain disruptions in many industries. It now appears that a third cryogenic unit at Gazprom's Amur gas facility went up in flames,https://t.co/ZF7UgZZjt5 Not sure if this could have consequences for DME or not... They have mostly local/domestic targets in the southwest US and aren't in production yet to take advantage of immediate supply chain issues. However, I imagine those issues will linger longer than expected because of LARGER supply chain issues for rebuilding the facility in Russia. Guess we'll see what people think today.
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