Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Bertie20on Apr 19, 2022 9:45am
257 Views
Post# 34612806

RE:News

RE:News

Ok, it's now safe to say that things are about to get bloody intereresting. In the next month, at most, we will be getting:
- helium percentages for wells 5,6 and 7
- flow rates for wells 5,6 and 7 
- contract announcement 
- revenue forecasts for the first few wells

In addition, we can probably expect other updates regarding plant construction progress and even plans for well 3 and/or upcoming wildcat wells. However, even without any of these latter developments, the news flow is going to be very meaningful in the next month.

On that front, I would counsel caution: this plant is not going to be as big as the second planned plant, and the helium percentages are expected to be similar to well 4, at around 1.1% (though you never know!).

At this stage, it's all about the journey....

<< Previous
Bullboard Posts
Next >>