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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

Comment by Deerockon Feb 14, 2021 3:29pm
220 Views
Post# 32565425

RE:RE:RE:The Desert is a quiet place

RE:RE:RE:The Desert is a quiet placeI would like to speculate that these q1 and q2 ticks, if met on time, would be the catalyst to breach the $3.50 level for 10 consecutive days. When asked about the additional financing needed to complete the purification and power plants, I seem to remember Robert sounding quite confident that these could be funded by the warrant expiry acceleration clause and could generate about 16 million (if I remember correctly). I would think the new floor would be a minimum of $2.00 CAD as that is the exercise price of the these warrants. I know there are other outstanding warrants for a far lower exercise price but if they keep hitting all these ticks, like they usually do, I can't see any reason for this to be held back once the news starts rolling out.
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