Desert Mountain Energy Corp V.DME

RHC—a comparison

[Bertie20]

DME off to the races again this morning....
I found the Royal Helium announcement this morning very interesting. They revealed that their three wells are potentially "economic". However, the concentrations are very modest compared to DME--at between 0.33% and 0.94%. In comparison, DME's first two wells were 7.1% and 4.1%. It just goes to show the extraordinary potential of DME's acreage.
(Disclaimer: I held Royal Helium, but sold this morning)

[yixter]

Plus DME has big end users very close to their project isn't RHC in the middle of a field in Saskatchewan??? DME is going to see a big premium to other plays because of the high grade and the major end users near by.

[Messi09]

@yixter agreed. I'm in both RHC and DME and after more research, I made my DME position 3x bigger than RHC. Overtime these will both appreciate nicely since investors will see this as a play on the future of high-tech.

[Bertie20]

With so few helium explorers out there, I thought I'd again ruminate on the events at Royal Helium (I do not hold, having sold my shares a month or so back). They announced yesterday that they are intending to raise $10m; this figure was increased to $15m in response to very strong interest in the cash-raising (confirming again the significant interest in the helium story currently). Anyhow

[fausthimself]

RHC does a lot of promotion, their CEO pumps the stock on Twitter and Reddit quite often. Certainly that's not the primary cause of their oversubscribed private placements, but the company seems to work hard at getting the word out there.  I like making these comparisons to RHC, though they're not the best comparison, they're similar enough to make me feel good about my

[Abito]

i got in the 5 cent financing on this one... sold on the last run... riding the warrents to see where it goes

[Messi09]

How do you get in early on these? Do you need to be accredited?