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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 HeliumHighon Feb 10, 2023 12:07pm
161 Views
Post# 35279845

RE:RE:RE:RE:Stock Price Headscratcher

RE:RE:RE:RE:Stock Price HeadscratcherYes, DME has an unfortunate history of struggling to communicate clearly (even too often in their NRs).  That AIF really is at odds with everything said in the (pre-recorded and released over weeks, which I am not a fan of) recent interviews. I also think may be time for the interviews, etc. to focus more on simply clearly stating what the current plans/expectations are, and a lot less of the intimating/hinting - that might mean there is a lot less to talk about (which is fine with me, I don't like fluff anyway), but I think that might be necessary at this point.  

Not that they should care what I think, but I should wish that the company should really come forward with a very clear news release regarding:
    -the status of the MPF start-up (hopefully now commenced without issues),
    -whether or not we are now in the "optimization period",
    -whether or not they still expect the optimization period to be 90 days, and
    -when they currently expect the initially processed helium to be ready for sale (even if it is not the fully-processed 99.9999% pure helium).  

These all seem to be major issues of concern in the market right now.  I imagine DM's phone line has already been burning up with questions/concerns from some of the large owners in light of the surprising price decline.  He should get that same information/clarity out to the market generally.  
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