Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Delta Resources Limited V.DLTA

Alternate Symbol(s):  DTARF

Delta Resources Limited is a Canadian mineral exploration company. The Company is focused on the exploration of two gold and base metal projects in Canada. The Company’s flagship project, Delta-1 Property, is located 50 kilometers (km) west of the City of Thunder Bay, Ontario, on the surface and adjacent to the Trans-Canada highway. The property covers approximately 107 square kilometers (km2). The Delta-2 property is located roughly 35 km southeast of the town of Chibougamau. Its claims are located within the La Dauversiere, Queylus, Dollier, Charron and Lemoine Townships. The Delta-2 property covers approximately 194 km2 in the prolific Chibougamau District of Quebec. The property holds the potential for gold-rich polymetallic volcanogenic massive sulfide ore (VMS) deposits, as well as hydrothermal-gold deposits. It also has over 21 claims at the Heart of the Delta-2 Property in Chibougamau, Quebec.


TSXV:DLTA - Post by User

Bullboard Posts
Comment by taylor1988on May 30, 2011 8:50am
205 Views
Post# 18643169

RE: RE: RE: RE: GNH

RE: RE: RE: RE: GNHAlright well I'm sorry for the discrepency.

I'm unsure what it means and will address management with it when I get the chance, but if it's being assigned a 0 grade I don't see how it would be affecting the grades to the high end in any way as it would do more to lower the average grade as it's assuming every metre of lost core had no gold.

In terms of holes coming back empty and having insignificant values there have been close to 10 holes so far reported that have had no significant values.

When you drill map looks like this, you're bound to have some holes that miss when there's been no historical drilling outside of the original Preliminary Block Model.

https://goldbulliondevelopmentcorp.com/html-pages/downloads/drillhole_map04April2011.pdf



That was as of 9,000 metres ago by the way as it's an early April drill map.

You could really care less about the total number of metres drilled?

Well I guess you don't give a damn about tonnage then.. which is all I hear Mr. Candido ranting about in the Corporate Video.

I'm not blind to the other claims but first it was Snow White with all the VG and no results came back worthwile, then there was the Beland Anomaly which turned up nothing significant, then there was Laval's Mountain and the hopeful Sugar Bush everyone was banking on and Laval's still after all the effort with rigs come up with anything that the market liked.

So then the ranting and raving about the geo-chem for the Big Red Blob...

Now Geo-chem doesn't work for GNH deposit, great.

So if the market is forward looking, what the hell are they looking forward to here?

At this point even mentions of VG aren't going to spark mcuh interest as it doesn't mean a thing.

It's not if a company has a property that they can turn into a mine, it's if they can do it in the time allotted with diluting themselves to death.

In GNH's case I can't foresee any PP's above the $1 level for the next 2 years without a major discovery and if you assume GNH will need at least $25 million for operations in the next 2 years that's at least another 50-75 M shares dilution.

Bullboard Posts