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 > Of interviews and dividends

<< Previous

Bullboard Posts

Next >>

Comment by Bertie20on Jul 16, 2021 6:35pm

229 Views

Post# 33564214

RE:RE:RE:RE:RE:RE:RE:Of interviews and dividends

The global helium supply situation looks very uneven. New supply coming online from Russia and Qatar I'd expect will depress pricing in the Far East. However, the fact that helium does not travel long distances well means the US will have its own dynamics. The closure of the BLM is removing something like 1bn cu ft/year of supply (compared with 2017) of supply. It's a lot to compensate for, and, with demand rising, I'd not be surprised to see N American helium prices going in a different direction to Asian prices from next year....

<< Previous

Bullboard Posts

Next >>

Debt-free cannabis company set for next stage of growth