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

Alternate Symbol(s):  V.DME.WT | 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 > Well 4 testing—timeline
View:
Post by Bertie20 on Aug 25, 2021 3:37pm

Well 4 testing—timeline

A very "no news" news update today, but it's still very useful in setting our stopwatches.
Last year, they announced the rig was being released from wells 1 and 2 on August 24 2020, and we got our testing news on the samples and flow rates on September 2nd (so nine days later). Based on that timeframe, we may be getting deja vu all over again on September 2nd this year....
Comment by Margin321 on Aug 26, 2021 8:00pm
Read those two press releases from last year again. The first one (unlike this one) set a timeline for an update -   Produced dry gas samples have been collected and sent to an independent lab for a total gaseous analysis. It is expected that results from these tests will take 7-10 days. The second report also was less than earth shaking and did not produce evidence of commerciality.
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