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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 fausthimselfon Jun 30, 2021 6:33pm
202 Views
Post# 33477667

RE:RE:RE:Insider selling

RE:RE:RE:Insider sellingThe company never made a news release about Irwin Olian stepping down as CEO, so I doubt they'll make one about the promotion of Don Mosher or the resignation of Edward Schiller, who was just an independent director at the time of his resignation. 

I was not surprised to see Ed selling shares over the past year, as his age is quite advanced to the point that it would only seem normal to have someone at that age on the BoD of Berkshire Hathaway and not a junior resource company. I'm sure Ed's investment time horizon is different than the rest of us, which is the only conceivable way anyone would sell shares in this company. 
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