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Desert mountain energy and the helium shortage

Posted on 3/24/22 at 6:40 pm
Posted by Pierre
Baton Rouge
Member since Nov 2005
5292 posts
Posted on 3/24/22 at 6:40 pm
I follow Austin Craig at seeking alpha here is a summary of dmehf

Anyone else in this?

Desert Mountain Energy: A Way To Play The Worldwide Helium And Neon Crisis By Austin Craig at seeking alpha

quote:

I'm going to make the premise of this article really easy in four points. First, the world is experiencing a helium shortage and Desert Mountain Energy (OTCQX:DMEHF) might be the ticket to play this looming crisis. Second, A large percent of the worlds neon production just stopped via the Ukraine-Russia war. Some sources place this at 50% of worldwide neon production, while others peg it at 90% (if looking at semiconductor grade neon). Guess who found neon gas in wells. Answer: Desert Mountain Energy. Third, DME recently discovered hydrogen. Fourth, insider purchases can be a key event to watch and DME insiders are getting rather frisky in executing options, warrants, and even buying stock in the open market. We will cover this in detail in the article.

This post was edited on 3/24/22 at 6:41 pm
Posted by DawgCountry
Great State of GA
Member since Sep 2012
30615 posts
Posted on 3/24/22 at 6:41 pm to
We ridin or what?
Posted by leeman101
Huntsville, AL
Member since Aug 2020
1524 posts
Posted on 3/25/22 at 7:32 am to
Qatar accounted for 25% of the world's helium supply and the land routes have been shut off a few years back causing the shortage.

Plus all those balloons in Dollar Tree does not help.
Posted by Pierre
Baton Rouge
Member since Nov 2005
5292 posts
Posted on 3/27/22 at 12:10 pm to
25 minute video from the market mindset describing the helium shortage and how Desert Mountian can be a big player in it.

Desert Mountain potentially big helium field and potential fall/winter production

Very interesting and makes me feel good about my initial purchase. Considering adding more if it doesn’t run too much before I get a chance.
This post was edited on 3/27/22 at 12:12 pm
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41345 posts
Posted on 4/6/22 at 7:30 am to
Already missed on this?


ETA: Added it to my watch list. It's approaching the 52 week high again. I'll wait for a pullback to get some.
This post was edited on 4/6/22 at 9:07 am
Posted by Pierre
Baton Rouge
Member since Nov 2005
5292 posts
Posted on 5/11/22 at 8:54 am to
Report from this morning

"We are thrilled that these wells increase the Helium average significantly above Discovery Well #4's results," says Robert Rohlfing, CEO of Desert Mountain Energy Corp. "This will make the wells much more profitable."
The average Helium spot tests on the offsets were more than almost three times those of Well #4. A pay zone with over 4% Helium in Well #5 located in the Rohlfing Helium Field will also be processed in the same processing facility. These overall levels of increased Helium combined with below minimal levels for CO2 are confirmation of our geologic modelling.
DME is building the first solar-powered Helium processing facility using Hydrogen as a backup power source in North America. The Company's goal is to produce as near to zero carbon footprint, from our operations as possible.

Posted by Upperdecker
St. George, LA
Member since Nov 2014
30676 posts
Posted on 5/11/22 at 9:05 am to
It’s potentially worth a shot, but the last small companies to discover helium in caverns were in Russian and they tried to harvest it without significant experience, ended up blowing up their caverns. Helium and hydrogen in caverns are not to be fricked wity
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