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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 31, 2022 12:07pm
227 Views
Post# 35060323

RE:Bounced off $2 and heading north

RE:Bounced off $2 and heading north

It's really unfortunate that this isn't a time of great excitement for us. I know some of the stock's promoters like to blame supply chains blah blah blah but the company has done real damage to its credibility as Fredo alluded to. Their job one now should be execution and rebuilding credibility. 


GoldenArm wrote: 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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