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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 > 42 Well Targets per recent interview
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Post by tylerod1 on Jun 07, 2021 12:38pm

42 Well Targets per recent interview

So hopefully someone can clarify here.  Previous interviews it was stated they are targeting 60-70 well. In fridays Ellis report interview he mentions 42 confirmed target sites. He says wildcat junior drillers only hit 15% of their targets and seniors hit less than 30%. 

Will the producing wells be far lower than botht he 60-70 and 42 well projections previously mentioned?
Comment by Stocks6427 on Jun 07, 2021 1:03pm
if you listened to the interview you'll realize what Martin Ellis did. He took an old interview with Robert and inserted his questions in the old interview.  It was very unprofessional as things have already changed for the company since this interview was done originally months ago. 
Comment by tylerod1 on Jun 07, 2021 1:22pm
Thank you , i thought it sounded like cut and paste audio. 
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