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Bullboard - Stock Discussion Forum 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... see more

TSXV:DME - Post Discussion

Desert Mountain Energy Corp > Helium is a potential huge play
View:
Post by SHeditorial on Sep 23, 2020 5:51pm

Helium is a potential huge play

https://stockhouse.com/opinion/interviews/2020/09/23/tapping-into-potentially-world-s-best-helium-resource
Comment by Bertie20 on Sep 23, 2020 8:48pm
Excellent find; many thanks for sharing. For me, by some distance the most important information in this interview is that the cash-raising was oversubscribed by five to one. Very reassuring.
Comment by jrk8888 on Sep 24, 2020 5:33pm
it was great to hear about the oversubdcribed PP. I imagine this year it's build the plant and most of the drilling will be around the discovery wells to bring them into production next fall. I think they can drill 8 to 10 wells in that area based on the 55 wells they estimate for their leased lands. Liked the talk about future cash flow and dividends. We'll see how this develops...
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