Gunnar Dome Update - Re-Test Required (Credit to Bertie)On the ceo.ca forum, Bertie (I assume the same as our Bertie here) just posted that DME replied to an email inquiry regarding the Gunnar Dome test resuts. Apparently the samples were contaminated and the Gunnar Dome gas samples will need to be re-collected and re-tested (re-testing to occur this week). It looks like we'll be waiting a bit longer for news regarding Gunnar Dome, and (hopefully) our next update will be one regarding the completion of testing, shipment, and/or on-site delivery of the processing facility equipment.
While disappointing, this is simply another example of the difference between timelines on paper v. timelines in the real world, which is a continuing lesson both for DME management and shareholders. Keep in mind that while real world results are often messy, late and frustrating (compared to projections on paper), those real world results are really what matters when it comes to the stock price - especially when the market has a "prove it" mindset, and particularly in the case of a company with a lot to prove like DME. Until DME actually proves it can produce large amounts of helium, process it to high-grades at scale, and sell it at highly profitable prices (add in confirmation of multiple/additional strong helium fields as well), the stock price will be constrained. I certainly believe it will be worth the wait.