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

Bullboard - Stock Discussion Forum Desert Mountain Energy Corp V.DME

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

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... see more

TSXV:DME - Post Discussion

Desert Mountain Energy Corp > If you don't have faith sell, no need to bash.
View:
Post by RobSupra on Jun 17, 2021 1:54am

If you don't have faith sell, no need to bash.

The only maganagement error that I have seen recently is starting to drill and suggesting there would be infomation available in 10 days.  I have heard rumors that there were mechanical and staffing issues as well as difficulty in getting concrete.  In any case, drilling through rock to find helium is a tough job.  The previous well percentages were amazing and if this one comes back high as well, share price will take off. 

If you don not feel confident in the price at this point in time then you should sell and take your profit.  Most share holders are sitting on solid gains.  If your selling pushes the price down I will pick up a few more shares like I did today.  There is no logical reason to start a rant saying the sky is falling, what would the motivation to that be other than a attempt to devalue the stock.  It's really a BS move. 

The company is well financed and is setting on significant assests even if this well has a lower percentage. I remain a believer.
Comment by Biloxibuzz on Jun 17, 2021 8:46am
Not bashing at all. I am trying to let management know  that need to do a better job communicating with stockholders. I currently own 65,000 shares of DME. I did sell 10,000 shares on Tuesday because unfortunately the trajectory looks like it will be down until they complete well #4. The last  thing I want is for the price to go down. I have been in this stock since Jan 2019. Ask anyone ...more  
Comment by Buyhigheatchips on Jun 17, 2021 9:35am
No, you're definitely bashing. Look at your language. Looks like you're a short term trader which explains your angst I guess. If you want to send management a message try calling or emailing them.
Comment by RobSupra on Jun 18, 2021 5:00pm
If you purcased in Jan 2019, your purchased shares at less that $0.30 and you have seen over a 10 fold mutiplication in your value.  If you believed that this was going in the wrong direction then sell and take your winnings.  If that was your intention then you would be pumping the shares not saying nagative things, so clearly something else is going on. 
Comment by Biloxibuzz on Jun 18, 2021 6:27pm
I believe you are missing my point.I am not bashing. I hope the stock keeps going up. I currently own over 70,000 shares. I have talked many friends of mine into this stock. They in turn own around 80,000 additional shares.  I bought some stock today at $3.07.  I have already banked over $150,000 on DME. When i first got involved it was actually called African Queen Mining. DME is the ...more  
Comment by tylerod1 on Jun 18, 2021 6:52pm
Great post
Comment by RobSupra on Jun 18, 2021 8:41pm
Strange thing is that the post I was originally refered to as being a bash post was "   The "Bre-X" of 2021 ! Yessir, that's DME".  This was not from you, but you jumped in to defend your self, but in your post you said you bought in in Jan 2019, so if true that was a huge gain and I responded accordingly. It's all good.  Looking forward to good ...more  
Comment by Buyhigheatchips on Jun 19, 2021 7:09am
I was even thinking $20 before this delay transpired. I think $10 is still eminently possible provided we get back on track. That would mean getting the plant built, drilling more successful wells, a reserve calculation, disclosing buyers…
Comment by 12groundpounder on Jun 21, 2021 3:52am
If you had an oil company that announce tomorrow that they were getting $800-$1000 US per barrel for the oil production what would happen to the share prices.         Without properly perforating 3 to 4 zones in the first two wells management stated in the news announcement we feel we have 688 barrels per day equivalent to 933 barrels per day equivalent in oil terms. Multiply ...more  
Comment by 12groundpounder on Jun 21, 2021 3:27am
At triple prices when you refine it's not dreaming. 25 times the impact of oil investment. If they hit 100 barrels per day Oil equivalent Per barrel  helium to 300 barrels per day you just multiply that by even $600 per barrel to $800 per barrel oil equivalent and you have an insane money machine. There is nothing in the helium world that compares to desert mountain energy. Royal helium ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities