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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 stargazer1on Jul 08, 2021 1:01pm
292 Views
Post# 33515153

Halt may mean good news

Halt may mean good newsUsually when a company that has been doing good, such as our stock, asks for a halt it means that they have good news and they don't want people who may have acquired knowledge of the news to be able to buy the stock before the news becomes public. 

After the news has been released, the trading halt is removed. Sometimes not for awhile in order for people to have time to notice the release and evaluate it.

In some cases people can put in a bid at what they think the stock may trade when it opens. People must be anticipating good news because the bid is pretty far above its closing price.
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