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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 Margin321on Jun 09, 2023 4:34pm
302 Views
Post# 35489250

RE:See red flags , time for white towel !

RE:See red flags , time for white towel !There was something negative said or perceived. Maybe this is capitulation. I just hope that the generon plant is eventually going to perform as planned. Unique and innovative designs are not always the best. It is kind of hard to understand what a two month period of optimization really means. The plant was commissioned many months ago. Or
maybe the wells are not performing well after "swabbing" them. I have no real clue as to why the shares keep dropping like this, though it has to have something to do with not beginning and then ramping up helium sales. 
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