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Desert Mountain Energy Corp V.DME

Alternate Symbol(s):  V.DME.W | DMEHF

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 Buyhigheatchipson May 19, 2023 9:48am
178 Views
Post# 35456273

RE:Robert

RE:Robert

Now that would destroy the stock. I can think of someone I'd be more than okay to see go though. 

This weakness in the sp will all be water under the bridge if the plant is proved up to anything like we were led to expect. The problem right now as I see it is that the closer we get to production the more circumspect they've gotten about what this plant will actually be able to do. 

Two years ago we were told to expect 10s of millions, even 100s of millions a year in revenue from the first set of holes (just like the trucking was supposed to make $12 - $18M a year btw).

Now the message is more like this is just a pilot plant so we'll see. And right now, the market is like well it must be able to produce $10M a year or so right...right?

The only messaging that will clear this up is actual NR-worthy production numbers and the relevant financials. 

GLTA

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