Desert Mountain Energy Corp V.DME

I’ve seen this before

[Greasemonkey65]

I’ve seen this so many times before. Buy on history, sell on mystery. “Retail Rickies” get in on speculation and jump out when the ridiculously high expectations arent met. This is a capital W wildcat that discovered He (albeit lower grade and in a tighter reservoir) in a brand new area. It’s commercial. It will lower the risk of new wells. It builds the cash flow base of DME. Nothing bad here. Lets take a modest success for what it is, a superb current buying opportunity. This is when the patient and strong make the biggest bucks.

[TiredofWating]

Agreed.  The mantra of "buy the rumour and sell the news"  seems to be happening here today.  Yes, the concentration is lower than the other holes, but it is still much higher than other He plays and most importantly it is commercially viable.  This hole is estimated to give 1.9 bcf of recoverable He, which is $450,000 crude ($269 mcf) or between  $1.1M ($580

[GoldenHills]

I just sold half my shares just to buy them all back 5 minutes later got them a about 20 cent cheaper 

[ScaleofSale]

Well said, no pun intended.

[Stocks6427]

goes to show how dangerous ground pounder12 posts can be. Full of speculations. No fact 

[Buyhigheatchips]

Maybe but the I'm not really getting the freak out. The first two holes showed high grades. Aren't we producing those?

[Buyhigheatchips]

Now priced for $23M earnings/per year (cdn). Don said $50M a quarter on first 5 wells (not sure if that was usd, probably).