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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 Jimmyjohn1on Sep 24, 2022 9:50am
235 Views
Post# 34983983

RE:Insider buying

RE:Insider buying
For someone that's been in this for 3 years you sure aren't following along very closely. A few of these questions have been answered. 1. Nov 1. 2.This has been known for a while. 2, 4, 5, 6,7 - and In just recent interview Gunnar Dome was added 3. Nothing has been said on this. From a interview doesn't seem like Robert is worried about it. But would like an update as well. 4. We won't know about any income until next quarterly financials are released. The Trucking company is not a focus of the company, just a side bonus. You could email Don on the status. Last I heard the trucking company was operational. 5. The finishing rig showed up beginning of Sept. So no, it technically has not been long enough for results. I would expect First week of Oct depending how backed up the lab is. As far as the PP we knew the company was going to raise funds but because of unfavorable market conditions and the manipulation of the stock they cancelled it. They did another go at it once things came back up and had they their ducks in a row so no repeat of last time. The last sentence of the Flaggstaff dispute is in regards to the seismic data. DME was supposed to give that info to Flaggstaff but opted not to for some reason. Which put them in breach of contract. From what I hear it sound like they will have to pay a fine. I'm not second guessing management, it's a lot to pull off and there will be some hiccups/delays. The pictures on the website look very promising and I believe DME should be taking delivery of the processing facility soon if they are going to meet their target of Nov 1. There is a flyover video of the site on their webpage as well.
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