TSXV:DLV.H - Post by User
Comment by
huxleyon May 07, 2007 2:00pm
149 Views
Post# 12738493
RE: DLV ...record trading !
RE: DLV ...record trading !
Actually this company seems to have a few things going for it. One thing is the $800,000 in cash already mentioned. Also I like the share structure: 6,000,000 shares issued and dilution seems to be slight (375,000 options oustanding, no warrants as far as I can see). On top of that they have a very high insider participation, more than 46% of outstanding shares are in the hands of the insiders.
As for their BC properties they claim they spent about $110,000 on their Maple Bay properties in BC in mid 2006. They must obviously think they have got something here. I can't explain the current inactivity not knowing this guy Christensen. Have you ever met or just talked to this guy? (NB: I live outside Canada myself).
regards,
huxley