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Desert Mountain Energy Corp V.DME

Alternate Symbol(s):  DMEHF | V.DME.W

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 TiredofWatingon Jul 12, 2022 11:28am
237 Views
Post# 34818070

RE:RE:How is this possible with leases!

RE:RE:How is this possible with leases!If "the leases are ours," then I would have expected managment not to have buried this news at the end of an otherwise positive release and to have been more assertive in that claim to reassure investors.

Maybe this is just the previous leaseholder trying to gain advantage of the work that DME has done on the property.   If so, then DME should aggressively pursue a resolution.  Seek damages for the drop in shareprice, the loss in confidence, and the costs associated with any delays in the project.  

These legal issues can drag on and on.   So frustrating given the otherwise positives regarding drilling, plant construction, and potential customers.     
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