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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 > Plant is on-site, all four modules
View:
Post by Margin321 on Jan 07, 2023 3:01pm

Plant is on-site, all four modules

How long to hook it up, test it, start sellign helium. Market waiting for that.
Market worried about possible delays or troubles.  Otherwise shares would have strengthened with plant delivered and all ready to go (already tested in Houston).
Comment by Buyhigheatchips on Jan 07, 2023 5:01pm
Other potential issues: Paradigm shift in investor sentiment; focused on financials now; "show me the money" mentality DM talking about another financing; why? 
Comment by Bertie20 on Jan 07, 2023 6:43pm
Check their page on Facebook: the facility is about 80% complete with commissioning set for mid-January.   
Comment by HeliumHigh on Jan 07, 2023 8:00pm
As anxious as we all are, this is a moment worthy of patience. There is an incredibly transformative time with great stakes. So much that has only existed in plans on paper is finally coming into existence in the real world. Such transitions often involve lots of necessary little adjustments and last minute fixes as things often come together in the imperfections of reality a bit differently than ...more  
Comment by rmreism on Jan 08, 2023 5:14pm
Ditto!
Comment by Margin321 on Jan 11, 2023 6:31am
It will s January 11, it is getting mighty close to mid-January. If there was great confidence in mid January commissioning and the huge milestones of helium production and sales, the shares would reflect that. Well at least we will know in a week if they did those things by mid January. We will know in three weeks if it happened by end of January. We will know in 11 weeks if it happened in Q1 ...more  
Comment by Pineapplehero on Jan 10, 2023 10:13am
That's only a factory acceptance test, to prove fit for purpose. DM stated in an earlier update, that the system would be tested offsite, then retested on-site.  It might be ATEX rated, but this cannot be rushed.  The Commissioning process is complex & more important than the current share price.... which will be worth the extra month or so of patience.  we would do ...more  
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