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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 Biloxibuzzon Apr 19, 2021 3:05pm
178 Views
Post# 33023221

RE:HE1 Anyone?

RE:HE1 Anyone?Assuming you are not pumping Helium One on this website (and I am thinking you are), if you are seriously considering investing in Helium One over DME, just look at the shares outstanding. DME will have around 70 to 80 million shares fully diluted and will be producing $100's of millions of dollars od helium sometime in 2022. Helium One has around 500 million shares outstanding today with no helium, no wells drilled, no resources and in a country that doesn't even have one drilling rig for hire. HE1 had to hire an out of country drilling contractor that has to bring a rig in. Sign me up for that! Also DME wells are testing 4% TO 10% HELIUM. I don't know if anyone is following Royal Helium in Canada, but they just finished drilling and testing 2 or 3 wells and the best one tested out at 9/10th of one percent. That is about 90% less than the DME wells . If anyone is serious about investing in Helium, this is the play. Looks like we have a nice little dip here to pick up shares on the cheap. GLTA  (except the helium One pumper).
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