Desert Mountain Energy Corp V.DME

Alternate Symbol(s): DMEHF | V.DME.WT

Metals & Mining Industrial Metals & Minerals

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

Desert Mountain Energy Corp > Bounced off $2 and heading north

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Post by GoldenArmon Oct 24, 2022 12:19pm

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Bounced off $2 and heading north

Looking for positive news and production from the company. I mentioned before that the delays would cause the prices to fall when DME was north of 2.50 but it would mean a good buying opportunity. Looks like Q1 2023 will be the time we production and good cash flow. Q4 may see us go to $3 or $4 hopefully but not sure.

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