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 primarily focused on the exploration, development and production of helium, hydrogen, natural gas and condensate. The Company is focused on helium extraction from different raw gas sources in an environmental and economical manner by supplying elements deemed critical to the renewable energy and high technology industries. Its Holbrook Basin Helium Project comprises more than 1000,000 acres of key helium prospects under lease. Its West Pecos Slope Abo Gas Field and gas gathering system is located in Chaves County, New Mexico. The West Pecos Gas Field encompasses a vast infrastructure, including 188 wells, over 50 miles of gas collection lines, and 77,000 acres of oil and gas leases. Its secondary focus is developing hydrogen assets located within their helium fields.

TSXV:DME - Post by User

Desert Mountain Energy Corp

Bullboard Posts

Comment by Bertie20on Jun 02, 2020 10:54pm

214 Views

Post# 31104759

RE:PP announced at .35

Money raised at a level close to all-time highs too. It's a smart move. According to previous quotes each well will cost around $250,000-400,000 so money would be tight after two wells. This way DME should have sufficient cash for a third or even fourth well.

Bullboard Posts

POET increases production capacity to meet AI demand