Off-Topic Stock Market & Crypto Discussion

[Cryptical Envelopment]

This would be considered their first "miss" on helium but they believe it's part of 10 square mile hydrogen field which will prove up with more digs. They said it's the first "green hydrogen" field in north America meaning it's free of hydrocarbons and sulfur which is corrosive. That being said expect this well to stay capped for a few years. Green hydrogen is still in an infancy of use and they would need to prove up the rest of the field and have enough capex to start another operation. As the book grows though this certainly makes them more attractive as an acquisition to a company like Linde down the road.

Didn't hurt the print today, that's for sure.

 

[mr.h]

Ima bottom feeder..I think there’s more to go.

 

[CFLCane]

This would be considered their first "miss" on helium but they believe it's part of 10 square mile hydrogen field which will prove up with more digs. They said it's the first "green hydrogen" field in north America meaning it's free of hydrocarbons and sulfur which is corrosive. That being said expect this well to stay capped for a few years. Green hydrogen is still in an infancy of use and they would need to prove up the rest of the field and have enough capex to start another operation. As the book grows though this certainly makes them more attractive as an acquisition to a company like Linde down the road.

Welp. I jumped the gun here. The hole also has helium. They just wanted to make separate announcements for the hydrogen field and helium find i guess.

I assume we'll see preliminary results on # 7 in 2 weeks and final flow/% testing results on the 3 wells in 4-6 weeks.

CHEERS BOYS!

DESERT MOUNTAIN ENERGY COMPLETES DRILLING OF WELL #6 FOR HELIUM IN McCAULEY HELIUM FIELD, ARIZONA, by @newswire

TSX.V: DMEU.S. OTC: DMEHFFrankfurt: QM01

ceo.ca

 

[AutoCANE]

Welp. I jumped the gun here. The hole also has helium. They just wanted to make separate announcements for the hydrogen field and helium find i guess.

I assume we'll see preliminary results on # 7 in 2 weeks and final flow/% testing results on the 3 wells in 4-6 weeks.

CHEERS BOYS!

DESERT MOUNTAIN ENERGY COMPLETES DRILLING OF WELL #6 FOR HELIUM IN McCAULEY HELIUM FIELD, ARIZONA, by @newswire

TSX.V: DMEU.S. OTC: DMEHFFrankfurt: QM01

ceo.ca

I am a fan of hearing good news - especially in times like this. Cheers to YOU, sir.

 

[mr.h]

And the good news is…

Jobless claims total 215,000, fewer than expected; productivity rises 6.6%​

Still worries about inflation and Ukraine…
CNBC is saying we are near the bottom, but what do they know.

 

[Cryptical Envelopment]

Bought a big ol' bag of ADAP today, $2.20 avg.

On record.

 

[mr.h]

Job #’s tomorrow.

 

[Cryptical Envelopment]

Also just took a solid, and very speculative position in $MAGIC (crypto) at $3.03

They should give you 10k free coins just for figuring out how to buy it.

 

[mr.h]

Unbelievably good
675,000 new jobs…wow
Unemployment rate 3.8%. Wow
Unfortunately we have the Ukrainian nuclear plant crisis.

 

[CFLCane]

Couple helium market updates.

BLM outage continues, several plant managers resigning. That's 20% of US supply offline. Spot prices are 4x from last year. Who knows at this point if anyone will buy russian production in the coming years.....that's if they can fix the plant that exploded last month.

We could be looking at a historical price squeeze here . Being a domestic supplier is a premium.

Helium shortages threaten US semiconductor and medical imaging markets; CGA urges US Congress to take immediate action

As helium supply continues to tighten in the US, key businesses that rely on a consistent supply in the country, including semiconductor manufacturers and operators of magnetic resonance image (MRI) machines, are beginning to feel an impact.

www.gasworld.com

 

[Cryptical Envelopment]

Thread. They literally can’t keep up with the demand for UST. Again, when UST is minted, LUNA gets burned.

 

[Cryptical Envelopment]

Key word here is native. This is huge. #luna

 

[Cryptical Envelopment]

Also just took a solid, and very speculative position in $MAGIC (crypto) at $3.03

They should give you 10k free coins just for figuring out how to buy it.

Bought more 2.70

Also,

 

[Fluffhead]

Oy.

 

[CFLCane]

FWIW

DESERT MOUNTAIN ENERGY HAS BEEN AWARDED BEST HELIUM EXPLORATION AND DEVELOPMENT COMPANY - NORTH AMERICA, by @newswire

TSX.V: DMEU.S. OTC: DMEHFFrankfurt: QM01

ceo.ca

#7 finished, i expect a separate announcement on that shortly. Flow and % testing 2-4 weeks out on the 3 recent wells.

 

[Cryptical Envelopment]

Wgmi

 

[Cryptical Envelopment]

VFF lost what was a lottery for 10 companies to get grow rights in Holland. It should have been based on merit, and wasn't. So they said, no worries and bought one of the companies that won the lottery. Sow now they are officially in Europe. Big deal IMO.

Also obvi they announced first shipment of THC to australia to their partner Altum. Good stuff.

VFF is barely trading above book value at this point. Just saying. I am long and I am bullish as ever.

This is big VFF news.

Village Farms International Announces Pure Sunfarms' Receipt of EU GMP Certification

– EU GMP Certification Permits Pure Sunfarms to Export Cannabis Products to EU Medical Markets – First Shipments Targeted for Third Quarter 2022 – VANCOUVER, BC, March 9, 2022 /CNW/ -...

villagefarms.mediaroom.com

 

[mr.h]

We are at resistance levels. Businesses are reopening from Covid..
Go canes …..lol

 

[Cryptical Envelopment]

Bought a big ol' bag of ADAP today, $2.20 avg.

On record.

I was a little early on this. I really love it. I bought a little more too, but you guys can get ADAP sub $2 right now. This will be another of my 100%ers. Sector has just been punished. When it flips its going to come fast and hard.

 

[mr.h]

CNBC….

U.S. oil price surges 11% to $106 a barrel, a 7-year high prompted by Russia's assault on Ukraine.​

Big deal?