Desert Mountain Energy Corp V.DME

Alternate Symbol(s): DMEHF | V.DME.WT

Metals & Mining Industrial Metals & Minerals

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.

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Desert Mountain Energy Corp > I KEEP HOPING THIS IS A MASSIVE BLUFF

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Comment by TiredofWatingon Aug 08, 2023 10:52am

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Post# 35577462

RE:I KEEP HOPING THIS IS A MASSIVE BLUFF

Let's suppose that is all true and that it worked. Arizona grants permits for any technical procedure at the wells and helium starts flowing.

Would you invest? Would the share price suddenly rise as investors rush to buy?

I suspect the answer is no. Trust is important. Whatever trust there was in management would be obliterated.

I suspect this has nothing to do with "Arizona officals" and more to do with unproductive wells that were over-hyped by a management team holding on to the dream.

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