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Desert Mountain Energy Corp V.DME

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

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

Bullboard Posts
Comment by jrk8888on Sep 02, 2020 3:35pm
213 Views
Post# 31496093

RE:RE:RE:Why isn't it $2.00?

RE:RE:RE:Why isn't it $2.00?there is no doubt the results were as good as anyone could have expected. 7% and 4% are blockbuster wells. But  the story is incomplete at this time. Lots of questions need to be answered. How do they bring this in to production? How many wells can they safely drill on the property? Whar are the reserve estimates? Will they need more money or a partner? I'm sure management is working out a plan right now. Hopefully they present a clear plan in the near future.  Hoping for $5 to 8...
think DME has become a possinle takeover candidate. 
Bullboard Posts