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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 > Intel building two chip plants in Arizona
View:
Post by Bertie20 on Mar 23, 2021 5:25pm

Intel building two chip plants in Arizona

Big big news. Intel just announced that it is spending $20bn to build two new chip plants in Arizona. Helium is an important part of the semi conductor construction process, and now Intel are building two giant plants on DME's doorstep (about 100 miles away from their discovery well). 
Let's see if DME have a statement on this, but it's potentially very significant news.
Comment by Koskadelli on Mar 23, 2021 5:28pm
Hah just simultaneously posted about this. Huge news - excited to see if they post anything as well. Probably time to buy today's dip tomorrow at open. 
Comment by JS4900 on Mar 23, 2021 5:46pm
Yes, I just saw this news. I wonder if they could use some locally-sourced helium? ; ) jmo
Comment by JS4900 on Mar 23, 2021 5:51pm
From DME's recent presentation: "Helium plays a critical role in the manufacture of high capacity hard drives, barcode readers, computer chips, semiconductors, LCD panels and fibre optic cable; as a refrigerant in cryogenics research; and as a coolant for nuclear reactors, MRI machines and space vehicles." "..COMPUTER CHIPS, SEMICONDUCTORS.." https://desertmountainenergy ...more  
Comment by GoldenArm on Mar 24, 2021 11:48am
There are 4 entities according to Rohlfing, in the area and he wants to have 3 of them taking up 100% of the supply. Definitely one would be Linde and the others could be anyone not buying from Linde. Is there a Party City in Surprise Arizona? Lol!
Comment by fredo1 on Mar 24, 2021 11:21pm
Linde is a distributor, not an end user and would be last on a list of potential buyers.
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