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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 Jul 06, 2023 3:59pm
247 Views
Post# 35529798

RE:RE:RE:RE:well performance

RE:RE:RE:RE:well performance

Hard to know what to do here. When in real doubt my default is inaction I suppose ie. hold. The only real hope I see is for the McCauley field to get into production somehow before they run out of cash. Until I know otherwise I'm assuming revenue from NM will be a pittance (hopefully enough to cover costs).

It would be nice if they'd come clean on the likelihood of getting the permits and assurances they need from AZ as well as what kind of flow rates enhanced recovery methods could produce at McCauley. Too much to ask for?

What are you all thinking?

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