Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Jul 16, 2023 8:42am
233 Views
Post# 35543083

RE:RE:RE:RE:RE:What is going on?

RE:RE:RE:RE:RE:What is going on?

It's starting to sink how surreal this all is. How much reality has departed from the story we were being told for the last three years -- not just by the company but by analysts and interviewers as well. A story that was backed up by a plant actually being built and fully installed onsite!

It is literally stunning what has transpired here. Worst case I figured the plant output wouldn't be that hot and they'd need more drilling and a second plant to really add serious value.

Never in a million years did I think it was possible to be below my average cost at this point. I thought I had already learned the hard lessons from investing in junior miners and this was my payoff...but the universe had other ideas it seems.

As for the future I have no idea and no one else seems to either. Cormack has a price target of 60c. Well we were there the other day. And what is the real situation with AZ? What is realistically possible there? Seems to me that the after months of being onsite there that the company would've learned some more about the field. Or was there no "optimization" going on at all? 

So much disappointment. So few answers. 

<< Previous
Bullboard Posts
Next >>