Desert Mountain Energy Corp V.DME

Interview with DME’s CEO

[Bertie20]

Thanks to Super Charged Stocks. Another interview with Robert Rolfing
https://m.youtube.com/watch?v=-SrRaGHnGHY

[GoldenArm]

Thanks for sharing. Wow so well #3 was big like #1 and #2!  Loved what he said that the nearest end-user could take all their production and with them being close they wouldn't need to liquify it. He was pratically giggling at the thought of that.

[piperman60]

Yeah.  Regarding the 3rd well he said "We found what we were looking for there" which is an interesting way of phrasing it.  He seemed very positive so I assume good but he didn't outright say it was good.  Still great to hear that from Robert. I also liked how he said he is in talks with 6 end users and how he wants 3 clients going once (to not put all his eggs in

[GoldenArm]

"We found what we were looking for there" which is an interesting way of phrasing it.  He seemed very positive so I assume good but he didn't outright say it was good" Actually near the beginnning he says that certain individualls were surprised that they were "3 for 3" and that never happens. I inferred that well 3 was a winner maybe 4% or better.

[Bertie20]

It's definitely curious. I don't believe they tested the well, so I'm assuming that DME is inferring from the wireline logging on the well. In particular, the resisivity may well be taken as a helium signature. I mentioned this in a post a few months back, commenting specifically on the press release for well 3, and the snippet below: "Resistivities in the three prospective

[piperman60]

For sure.  I'm not doubting that it was a good well but maybe he has to be ambiguous for legal reasons? Is this the one that Flagstaff is upset about?

[CountOfMeltedCrisco]

185 miles to Phoenix where Praxair, now part of Linde, has a huge helium distribution centre, along with the other gasses they sell.   The 95 miles away customer may be the Air Force "skunk works" across the border in western New Mexico.  Just a SWAG on my part there. 

[CountOfMeltedCrisco]

And.... but juuuuuuuuust a bit further than his "176-200 road miles" is Sandia National Laboratories in Albuquerque ( 233 miles  measured from Holbrook itself ) .  Sandia, given what they do, would be a huge customer for helium.  So that leaves us with our 95-miles-away Mystery Consumer.   Almost has to be some "if I tell you, I'll have to kill you"

[piperman60]

Thanks for the info!  It's fun to speculate until April/May when the results start to fly in (pun intended) Until then, all SWAG is appreciated. :D

[Fredo51545]

Weli #3 was not tested because of the injunction. It is not a "big' or "small" well. They don't know. There werr traces of helium in the drilling fluids, thus the comment, 'we found what we were looking for."

[Buyhigheatchips]

I know the city applied for an injunction. I nver heard that it was granted.

[yixter]

What's causing the spike in the sp about to drill wells 4 and 5???

[Bertie20]

I'm scratching my head too (though I'm not complaining). Clearly there's anticipation ahead of the next three wells (4,5 and 6). However, there may also be some people feeding off Robert Rohlfing's confidence. He has now twice said that their plan is to get the share price above $3.50, and then trigger those warrants. Given everything this company has achieved thus far, people are

[GoldenArm]

Everything is looking good. I like Rohlfing's comment "I'm not a promotor I'm an engineer" Praphrasing him: "Very rarely does a Jr. Explorer get to be in charge of drilling, be in charge of exploration and actually control a Tier 1 prospect" "Investor that are involved in oil and gas, they call me up, and they cannot believe we've hit 3 for 3" 10m

[JusthowiseeiT]

piperman I love the way you presented you thoughts and comments. A lot of people misuse these kinds of posting boards for thier own agenda, you have used this board for the intent is was made for. Cheers to you Beyond that complement I think DME is going to be great, where they lack is and I'm being nick picky is they need more PR work just to inform public about how rare of a resource helium

[jrk8888]

Thanks for posting, fantastic update! Nice pick up in the trading recently.