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

Alternate Symbol(s): DMEHF | V.DME.WT

Metals & Mining Industrial Metals & Minerals

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

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TSXV:DME - Post Discussion

Desert Mountain Energy Corp > 50 ml qtr 40 ml qtr net earn 160 ml yr xpe 10 = 1.6 bln

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Post by 12groundpounder on May 20, 2021 6:24am

50 ml qtr 40 ml qtr net earn 160 ml yr xpe 10 = 1.6 bln

<a href="https://www.metalsnews.com/t1356293i">https://www.metalsnews.com/t1356293i<br />  </a>   We only need to spend $40 million to drill 75 wells and all the infrastructure in five years. This is different than oil the helium flat lines for 5 to 6 years companies just want to pay the market going price for 4 to 5 years not worrying so much about the price but being desperate for the supply of the helium period. Talking about profits The first well will finance the drilling of all 75. No more Share Issues share buybacks huge dividends you should buy it and hold it and never sell it to any buddy

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