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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 JusthowiseeiTon Sep 24, 2022 12:44pm
230 Views
Post# 34984186

RE:RE:Insider buying

RE:RE:Insider buying
if the portable processing plant is going to start on wells 2, 4,5,6 &7 that is what I'm curious about. There is a leasehold claim on the McCauley field, so how could they start to process this field when that issue has not been settled. The trucking company was said by RR to have paid for itself I believe at the end of June. But I think I read somewhere that it has not been rented out because of a surprise insurance issue. Don't get me wrong I'm very positive about this stock, just maybe because apparently we are close to be revenue generating company and it seems like every other day something pops up to delay this. The stock price is a little concerning considering we are just a few months from production and seems we are fighting to get anywhere near 3$ a share, when a year ago when only 3 wells drilled, no plant was ordered and we were almost 5$ a share. The only insider buying I can find is was last done on July of this year, not a big deal but if I had the inside scoop on this company I would constantly be buying. Since the press releases, soured public offering and a claim jumper got into picture, no insider has purchased shares. But like I said no insider has old any stocks either. All the best to shareholders, cheers
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