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Bullboard - Stock Discussion Forum
Delta Resources Limited
V.DLTA
Alternate Symbol(s):
DTARF
Metals & Mining
Industrial Metals & Minerals
Delta Resources Limited is a Canadian mineral exploration company. The Company is focused on the exploration of two high-potential 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 Company has a 100% interest in the...
Ternowesky property, further expanding its land position at the Delta-1 property in Thunder Bay, Ontario. The expansive property consists of 443 claim units spanning over seven townships and covering over 93 square kilometers (km2). Its land package covers over 306 square kilometers (km2) in the central portion of the Shebandowan Greenstone Belt. The DELTA-2 property covers 205 square kilometers (km2) in the prolific Chibougamau District of Quebec. The property holds the potential for gold-rich polymetallic VMS deposits as well as hydrothermal-gold deposits.
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Bullboard (TSXV:DLTA)
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(13)
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GoldInsect777
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Post by
GoldInsect777
on Jul 08, 2023 7:28am
Cash excluded market cap of Delta
Total cash position fully diluted is $26 million. Subtract that from the current FD market cap of $41 million, Delta-1 and Delta-2 are trading at a mere $15 million. DYODD...
(42)
•••
GoldenIdle
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Post by
GoldenIdle
on Jul 08, 2023 7:17am
Central banks are accumulating gold here’s china’s stats
China's central bank added 23 tons of gold to its reserves in June, marking an eighth consecutive increase. The country is stockpiling the safe-haven asset amid economic and geopolitical
...more
(304)
•••
Evenkeel123
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Comment by
Evenkeel123
on Jul 07, 2023 3:46pm
RE:RE:Excellent discussion, folks
I think you have a good plan, but be careful. Look at what happened around NFG. All the other plays and companies along the Appleton fault suck big time and are going nowhere. I don&
...more
(218)
•••
Gutinstincts55
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Comment by
Gutinstincts55
on Jul 07, 2023 3:12pm
RE:Excellent discussion, folks
I agree with Delta being the primary play to own. I don't think that is arguable. I also agree on your geology over closeology comment. Mistango believes Delta1 geology spills
...more
(13)
•••
GoldInsect777
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Comment by
GoldInsect777
on Jul 07, 2023 2:24pm
RE:Excellent discussion, folks
Evenkeel, To me, choosing Delta over all of the other surrounding players is just a no brainer. $11 million in the treasury with another $5 million implied in the warrants/options means that both
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(304)
•••
Evenkeel123
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Post by
Evenkeel123
on Jul 07, 2023 1:16pm
Excellent discussion, folks
Yes, it is hard sometimes to pick the right company considering the size of ths area and those who hold land positions. Closeology is no guarantee. I would say geology speaks louder.
...more
(218)
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Gutinstincts55
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Comment by
Gutinstincts55
on Jul 07, 2023 11:40am
RE:RE:RE:How far away is MEK ?
It certainly would bea perfect add to Delta-1. So whatever becomes of MEK at it's current MC it's a steal, even if their 86M shares outstanding has to grow w/ dilution.
(13)
•••
GoldInsect777
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Comment by
GoldInsect777
on Jul 07, 2023 11:09am
RE:RE:How far away is MEK ?
MEK has no money to do any serious drilling right now. I'm kinda hoping they do a JV deal with Delta. Would obviously add even more upside for Delta shareholders.
(218)
•••
Gutinstincts55
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Comment by
Gutinstincts55
on Jul 07, 2023 10:44am
RE:How far away is MEK ?
The Delta1 property is all around Metals Creek Resources - Shabaqua Corners Gold Property & just SW of Mistango. It's a great buy IMHO.
(218)
•••
Gutinstincts55
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Comment by
Gutinstincts55
on Jul 07, 2023 10:41am
RE:message for the CEO.A
I've recently purchased 5 different Jrs within the Shebandowan Greenstone Belt. Delta Resources, Metals Creek, Thunder Gold Corp, Goldshore Resources & KesselRun. I would also buy
...more
(42)
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GoldenIdle
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Post by
GoldenIdle
on Jul 07, 2023 10:39am
How far away is MEK ?
some more info re claim borders from March 28 Thunder Bay, Ontario--(Newsfile Corp. - March 28, 2023) - Metals Creek Resources Corp. (TSXV: MEK) (FSE: M1C1) (the "Company"
...more
(42)
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GoldenIdle
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Post by
GoldenIdle
on Jul 07, 2023 8:29am
News from neighbor
V.MEK | 1 day ago Thunder Bay Ontario--(Newsfile Corp. - July 6, 2023) - Metals Creek Resources Corp. (TSXV: MEK) (FSE: M1C1) (the "Company" or "Metals Creek"
...more
(13)
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GoldInsect777
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Comment by
GoldInsect777
on Jul 06, 2023 9:05pm
RE:message for the CEO.A
Someone on the CEO board mentioned that they called Andre (supposedly, anyway) and that the reason for the delay in assays is because some of the samples had to go back. I'm not sure what can be
...more
(304)
•••
Evenkeel123
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Post by
Evenkeel123
on Jul 05, 2023 9:52pm
Golden,
I don't know how many shares you are holding, and I don't think I ever mentioned mine either. May we both do well here. We deserve it, lol! EK
(304)
•••
Evenkeel123
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Post by
Evenkeel123
on Jul 05, 2023 9:50pm
message for the CEO.A
For you gentlemen on the CEO board. Many of you are getting antsy wondering where the news is. I believe assays are being withheld until the company has scored the new land package mentioned
...more
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