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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

Post by Biloxibuzzon Feb 16, 2021 12:17pm
458 Views
Post# 32574026

This is huge news!!!!

This is huge news!!!!An analysis of the first two wells drilled has been completed. it looks like the percentage of Helium is very high. (Approximately 7% and 4%). 90% of all helium wells fall it the 1% range. So this is about as good as it gets. It looks like they are going to drill three more holes in the near future.  It is hard not to get excited about these results. The stock should take off when these results get disseminated. Good time to buy. The stock price is only going up.
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