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

Post by HeliumHighon Jan 05, 2022 12:52pm
275 Views
Post# 34285730

Still here

Still hereVenting for a moment:  TDAmeritrade took 4 business days to clear a JPMorganChase cashier's check that was physically delivered to the branch - incredibly frustrating, and meant I had to wait to put additional year-end liquidity to work here until today (and of course DME happens to put out some news this morning...).  I had to chase it more than I'd like to get the entire order filled, but am happy to have doubled my position here at a great price in the big picture.  

Apologies for the silence of late.  I'm still here - holding, reading and waiting (still haven't sold any shares).  I've been hoping that the depressed price would hold long enough to additional money to come online to put to work, and didn't want to rock the boat (not that I think my posts or anyone else's here really moves the stock, it just felt wrong to do so in my own silly mind).

Glad to see you were able to get back in Bertie - and that the market gave you a nice re-entry point.

I'm excited about the year ahead here.  I don't know that management interviews and updates will move the stock much past (or even back near) previous highs anymore - I think it's really time for DME management to "do"  (actual production, executed customer contracts, pricing clarity, revenues - along with RR identifying additional productive wellsites for further commercial development), instead of "talk" to move the needle in the market, and I'm glad to see that appears to be management's focus.  

Oh, and we are still waiting on a decision from the Court of Appeals in the Flagstaff litigation (oral arguments several months ago (which seemed to go quite well for DME, so a decision could come at any time now).  A favorable decision is unlikely to immediately allow DME to commece further efforts in the Well 3 field, but it could very well provide a good indicator for the eventual outcome of that proceeding and lead to acceleration of a potential settlement on favorable terms.  
<< Previous
Bullboard Posts
Next >>