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Bullboard - Stock Discussion Forum 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... see more

TSXV:DME - Post Discussion

Desert Mountain Energy Corp > Dow is Down 800 Points
View:
Post by Stocks2Go on Sep 21, 2020 11:57am

Dow is Down 800 Points

Great opportunity to add more DME at below the $1.60 placement.
Comment by Spip113 on Sep 22, 2020 8:03am
$1.60 offering could be revised lower.  If so, not good news in the short term.
Comment by Bertie20 on Sep 22, 2020 9:17am
Based on their prior fund-raisings, it seems that DME tend to issue fewer shares rather than lower the price of the placing if demand is soft. Let's see how the next few days goes--I'm still largely optimistic given their earlier decision to increase the size of the offering in the wake of "strong interest". Interesting few days ahead--here's hoping that the markets hold...
Comment by GoldenArm on Sep 22, 2020 10:53am
The market sell-off was a planned sell off by the trading programs that kicked in and shorted everything. They recovery by mid day was evident except buying dried up. Today again a sell-off but they are out of the juniours and looking at the big boards today. You can feel the groan of the market wanting to desperately crash. US will keep pumping in the money until elections are over. A market ...more  
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