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.

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Desert Mountain Energy Corp > Down we go. Support at 1.40

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Comment by Bertie20on Dec 29, 2020 12:58pm

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RE:Down we go. Support at 1.40

The difficulty is that the third well result could prove meaningless if Flagstaff gets its way. I'm optimistic that Flagstaff's intervention will fail--hopefully, the city can reach agreement with DME in which, say, DME makes a legally enforceable pledge to never do fracking--but the legal uncertainty is very unhelpful.

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Advancing flagship Ishkõday Gold Project in Ontario