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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.


TSXV:DME - Post by User

Desert Mountain Energy Corp
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Post by 12groundpounderon May 20, 2021 6:22am
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Post# 33236121

50 ml qtr 40 ml qtr net earn 160 ml yr xpe 10 = 1.6 bln

50 ml qtr 40 ml qtr net earn 160 ml yr xpe 10 = 1.6 blnhttps://www.metalsnews.com/t1356293i
    We only need to spend $40 million to drill 75 wells and all the infrastructure in five years. This is different than oil the helium flat lines for 5 to 6 years companies just want to pay the market going price for 4 to 5 years not worrying so much about the price but being desperate for the supply of the helium period. Talking about profits The first well will finance the drilling of all 75. No more Share Issues share buybacks huge dividends you should buy it and hold it and never sell it to any buddy
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