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

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

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 > Lease Dispute
View:
Post by Fredo51545 on Jul 11, 2022 4:08pm

Lease Dispute

If it turns out that outside interest have a valid claim, it seems to me that the burden, if any, should be paid out of the McCauley family royalty. DME would be left whole.
Comment by JusthowiseeiT on Jul 11, 2022 4:15pm
been here over two years, this is messed up, I get that people come out of the woodwork like a great great grandchild that wants what they want,,, but this should have been identified years ago..I freaking. Or maybe I just have not had my coffee yet
Comment by rmreism on Jul 11, 2022 4:42pm
$DMEHF My assessment of the news regarding the lease issue: DMEHF 75.53M shares total 69.95M shares float 4.73M shares insider ownership .02% institutional ownership Today per Schwab- 140,918 shares sold versus average of 80,000/day So…sell off by weak hands today We’ll see what tomorrow brings / If it’s a similar volume, I’ll be increasing my investment by another 25k shares. This could be the ...more  
Comment by GGDawg on Jul 11, 2022 5:02pm
Interesting way of seeing it. What I'd like to know is what happens to DME and all the drilling and testing work that has been done if the company claiming lease rights actually does have valid lease rights? Do they lose everything?
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