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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 rmreismon Nov 28, 2023 6:20pm
269 Views
Post# 35757447

RE:RE:RE:RE:More missed timelines

RE:RE:RE:RE:More missed timelines

He also stated this fact on his last  Market Mindset interview. He was quite ecstatic over how well the finishing facility worked. For me, whether the proprietary helium finishing facility worked was a big unknown. I still want to hear it's working in the natural gas environment Unfortunately, the other big unknown regarding the quality of the AZ wells turned out to be a huge disappointment. 

The 2 big unknowns now:
1) Will they be selling helium
2) Will they have revenues to keep them going without needing to raise more cash.
My gut feeling is both questions will be answered in the positive. Of course, I was completely off base regarding the AZ operation.
GLTA
 

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