Desert Mountain Energy Corp V.DME

New Interview

[fausthimself]

https://youtu.be/ENH4obRwbA0

[JS4900]

So they're targeting April-plus for initial production, ...however, 'supply chain' problems may be an issue for certain key parts/components. jmo

[Marshall]

A Nasdaq listing will be very beneficial to this stock. 

[Jimmyjohn1]

Why did Ellis say lets talk about the good news about Well 3? Do you think he said something he shouldnt of or was it a mistake and meant Well 2? Just seemed odd to me. Robert didnt correct him and say I think you meant Well 2. I could be reading to much into it.

[Deerock]

I would certainly like to know more about the dilution they're planning around the NASDAQ listing. How many more shares and at what price? Historically, when they do an issuance, that seems to put in a solid level of support. 

[Buyhigheatchips]

Won't get any details until the listing. Could be after production starts. At hopefully a MUCH higher sp.

[madmoney101]

I cant imagine the NASDAQ listing happening till the later part of next year.. To get into the club DME will need to have a share price north of $5.00 and to get the attention of the investors Don is looking at you will need a sp north of $10.00 , all very feasible and a big feather in Dons hat if he can get the company there.. DME will need to finance if they want to get to production in a

[Fredo51545]

Dear Mad, They only need enough money to get the second processing plant on line late next year. There is no decerible need for additional capital. If there is, it is because revenue from the MacCauley field will be minimal. But incorporating Well #2 in the startup should double plant production compare to MacCauley wells alone. I am hoping for $10 million per quarter of revenue by Jul-Aug once

[madmoney101]

YES YES YES < You are correct , had to go back and go over the interview again , and I was confusing the FPO with a finance move , But you have to give me the fact that when RR and Don do a NASDAQ listing and do a FPO to get shares into the hands of the money managers, high end traiders , ect ect ect , it will put a fair chunk of cange into the coffers...Will also give DMV much needed exposer

[madmoney101]

If they are serious and follow current trends such as with google , facebook and tesla , It will be a matter of conversion rather than dilution , ie reverse split , convert common stock to class a stock, guaranteed conversion of say 4 common to 1 class a , preferd dividend and voting rights, all kinds of things can be adjusted for , than issue new shares fot the fpo.. , its up to the board of

[GoldenArm]

So if you go Nasdaq you have to have 3 market makers. This cues up the brokerages (not the whales but the smaller ones in the US) and they get shares at a favourable price. This allows liquidity to increase and average volume to go up (you hope). OR you can offer shares at market prices, this is possible but slow in developing liquidity. In either case the amount of money generated is not as

[Buyhigheatchips]

Think a name change is in the works prior to a NASDAQ listing? Just makes sense doesn't it considering that energy is not our primary business (yes they might do some hydrogen storage). Desert Mountain Helium would be the obvious one but maybe they want to cast a wider net so something less descriptive like Desert Mountain Corp?

[AhSocks77]

This post has been removed in accordance with Community Policy

[AhSocks77]

This post has been removed in accordance with Community Policy

[Jimmyjohn1]

I personally dont think the price will fall below the 2.30 level unless we get some bad news. I see the interviews as more of an update then a pump. Ive been emailing Don to put out more info for sometime now. He said they would possibly put something out. (Which they did) Its important to me to keep the shareholders in the loop.

[GoldenArm]

How about Desert Mountain Enterprise or Desert Mountain Extraction? That way they can keep the initials the same. Hydrogen fuses to form Helium, did they discover an ancient Fusion reaction well? lol!

[Buyhigheatchips]

I like Enterprise. Extraction maybe goes against the ESG vibe they're trying to cultivate.  

[tylerod1]

Desert Mountain Resources corp/group

[Deerock]

Personally, I don't think there's anything wrong with the name. Energy isn't a bad thing. We just need to find better ways getting it and DME is answering that call loud and clear. Not only are they doing this, but one of the major uses of helium is to reduce the amount of energy needed for our high tech world. We are an energy company, of the highest ESG order. 

[absentlooking64]

They have not really answered a thing IMO. Restated the plan, but that was necessary. I am long and feel they are at least 8 months from a rebound and feel the SP will get close to $2 before progress starts to happen, if it happens, in their timeframe. I was very disappointed with how RR conducted himself earlier this year and expressed it to him and Don. Their responses to that have reduced my