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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 Buyhigheatchipson Oct 23, 2022 11:35am
149 Views
Post# 35041939

RE:RE:New Presentation Posted on Website

RE:RE:New Presentation Posted on Website

I was just recently thinking about lessons learned and the second plant. I hope pre-planning is well underway and that forward guidance on it will be much improved over this round. 


HeliumHigh wrote: Apparently no facility startup until about the end of Q4 (at best) - looks like we'll have a bit longer to try to resist (or not) the urge to pick up foolish amounts of DME stock at these low levels. Personally, I wouldn't mind it at all if the stock price remained suppressed through year-end when I'll have some more liquidity coming available (though I'm also pretty happy with my current position if things do take off before then). The delays getting this facility up have been hard to bear in light of the expectations that have been set earlier - but hopefully management has learned some important things that will help with subsequent facilities and hopefully the extended opportunity to pick up cheap shares pays many dividends (figuratively and literally) for us shareholders later...

 

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