Replies to post #66 on Desert Mountain Energy Corp (DMEHF)

[Middleborder]

Information from DMEC Investor presentation for:

DESERT MOUNTAIN
ENERGY CORP.

"The exploration and development of helium, hydrogen and noble gas properties
in Northeastern Arizona
Advancing the McCauley Helium Field to initiate production in Q3 2022
World-Class technical team with decades of experience in the exploration and
development of helium, hydrocarbons and other minerals
Excellent access to capital markets
Sufficient Capital to complete the McCauley Helium Finishing Facility, drill
offset and wildcat wells in 2022
Now trading on TSX Venture Exchange under the ticker symbol “DME.V”. Also
trades on the U.S. OTCQX as “DMEHF” and Frankfurt as “QM01”. The Company
has more value in place than ever before
A corporate philosophy that respects the environment, the community and
education


+85,000 acres of mineral leases in the Holbrook Basin, Northeastern Arizona
Successfully drilled 4 wildcat helium wells and 3 offsets
All wells are financed with no debt and approximately CDN $18,000,000 in
the treasury
The company signed the final contracts with GENRON for the construction
of the McCauley Helium Field finishing facility with all-in costs of
approximately US $7,000,000
The startup of the McCauley Helium Field finishing facility is planned for
the end of Q2 of 2022
The company plans to drill 7 offset and wildcat wells in 2022
The company has pre-ordered strategic components for the Rohlfing Helium
Field finishing facility"

(More at link!)
---------------------------------------------------------------------------------------------------
Attention to the "No Debt" part; The 7 wells have been drilleed and cased. See previous post regarding helium levels!