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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 > Hoping for helium production very soon
View:
Post by Margin321 on May 27, 2023 7:26am

Hoping for helium production very soon

There are some problems. They commissioned the plant Jan 19. They powered it up February 24. Generon turned it over to DME on March 14. They still are not selling helium, and are reworking the wells. Meanwhile there has been major dilution. 

Maybe they will announce some sales at the upcoming conference presentation. That would help, especially if it is six sigma gas indicating plant is capable of the purity.
Comment by mrfrankl on May 27, 2023 8:31am
Six 9s. 6 sigma is a quality control thing. In statistics sigma is used to represent standard deviations. 6 sigma would be a 1 in 500,000,000 probability of an issue. Maybe that would equate to eight 9s?
Comment by Margin321 on May 27, 2023 11:23am
I was just referring to 6 standard deviations. Not the whole system as deployed by Jack Welch and dumper by Larry Culp for Lean (of Toyota game).  Anyway, 6 sd is 3.4 deviations per million. Or 99.99966 pure. So 99.9999 is just a twitch better at 1 deviation per million.  With helium, 6 digit gas (grade six, the highest commercial grade)  is actually 6 sigma gas. I do not know ...more  
Comment by mrfrankl on May 27, 2023 11:50am
This is what I was looking at but it's not really important  https://quantra.quantinsti.com/glossary/Six-Sigma-Event
Comment by littledave55555 on May 27, 2023 1:18pm
nice thanks for the undate , we are going to know a lot more june 6th , I'm hoping alll the people selling at a dollar will be kicking them selfs by the end of june lol ..... 
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