Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 HeliumHighon Oct 14, 2021 8:46pm
277 Views
Post# 34007592

RE:RE:RE:Good to see you back, HH.

RE:RE:RE:Good to see you back, HH.Agreed - and I really appreciate your prior forward looking post regarding the board requirements for Nasdaq listing (apologies for failing to recall that was your post initially).  For as much as they have mentioned Nasdaq, I would certainly hope management has a plan in place to re-shape the board as necessary to enable this...

Realistically, I don't expect a Nasdaq uplisting to occur until after the company has crossed the threshold into actual revenues - so probably at least 5-6 months away at the earliest.  I don't really care that much about the exact timing of that (though I certainly think it would be beneficial for market awareness and the stock price - it's coming one way or other eventually regardless.  However, I really think DME would stand to benefit greatly from the associated evolution of its board - so I guess that is the real cost of the Nasdaq uplisting likely pushing out.  To be clear, that is not a knock on the executives currently sitting on board (in whom I certainly have confidence), nor is it merely a focus on removing Dr. Ward from the picture (as beneficial as that might be) - I have seen first hand many times the enormous benefits that high quality outside directors can bring (in terms of enhanced decision making, strategic vision and planning, operational execution and accountability, and strategic opportunties), and I am anxious for DME to add these key benefits to the team, assets and plan the company currently has in place.  
<< Previous
Bullboard Posts
Next >>