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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 > New Presentation Posted on Website
View:
Post by JS4900 on Sep 09, 2023 2:37am

New Presentation Posted on Website

"Over CDN $10 million in the treasury with no anticipated need for future equity financings"

"Expected helium sales in October 2023"

https://www.desertmountainenergy.com/wp-content/uploads/2023/09/Investor-Presentation_09082023.pdf

It looks to me like the NM project has the potential to be quite lucrative. : )


jmo
Comment by rmreism on Sep 09, 2023 12:47pm
Hopefully, the NM purchase will be as prescient as their trucking company purchase. If so, it will keep the company going until they obtain AZ permits
Comment by fredo1 on Sep 09, 2023 4:12pm
No guarantee that workovers will allow non-productive wells to produce.
Comment by tdsb on Sep 12, 2023 4:14pm
Yesterday someone needed money so they sold and the price went down. There are a million reasons to sell and only one to buy. We went up today because this stock waranted that, I suspect if we don't get a market crash we will head much higher. Remember they sold shares in the last financing a couple of months ago for $1.95 and the warrants could be excercised for $2.71. Buy low sell high ...more  
Comment by BearBull007 on Oct 03, 2023 9:02pm
The Warrant, at an exercise price of C$2.70 per Common Share, is exercisable for a period of twenty four (24) months from the March 24, 2023 closing of the Offering (the "Closing Date"). So it may be a while yet before these $2.70 shares enter the public market. 
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