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Bullboard - Stock Discussion Forum Desert Mountain Energy Corp V.DME

Alternate Symbol(s):  V.DME.WT | 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... see more

TSXV:DME - Post Discussion

Desert Mountain Energy Corp > 13 million in the kitty
View:
Post by old_dog on Sep 14, 2020 1:29pm

13 million in the kitty

with more when the warrants are exercised....The company is flush with cash...this gives the company a lot of room to move on drilling and land...this could could be a bigger game changer than most folks realize...hold em if you got em......


old_dog
Comment by Bertie20 on Sep 14, 2020 9:52pm
It's been an extraordinary few days and, fingers crossed that the cash-raising goes well, it will prove transformational. There's a lot swirling around my head, but two things stick out. First, I always say with small caps that no news is bad news. Because ultimately it's the same thing for share prices: the hot money goes hunting for action elsewhere, and the quiet companies miss out ...more  
Comment by old_dog on Sep 15, 2020 1:35am
You missed the third thing. If they are trucking the helium to be processed then they're selling it which means they are generating revenue as well, While not at the high prices they would be with a processing plant on site but they are generating revenue none the less. old_dog
Comment by jrk8888 on Sep 15, 2020 11:36pm
I imagine DME will give a full update once the PP is closed. Nice ro see so much interest.Hopefully they update their investor presentation also. Impressed to see new highs $$$...
Comment by JusthowiseeiT on Sep 16, 2020 1:52am
Once again I bow to your wisdom
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