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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 Fredo51545on Jun 16, 2021 10:48am
227 Views
Post# 33395041

RE:10 times profit Average stock 5x Overweight position

RE:10 times profit Average stock 5x Overweight positionI am 6x overweight. Still accumulating. Initial production may be only 2-3 wells but it does not matter. Would still generate $.90 of EPS at a $1.50/cf assumed selling price and 30 million cf/year of He per well. Other wells will follow, hopefully in a timely manner.
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