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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 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.


TSXV:DLTA - Post by User

Bullboard Posts
Comment by glorieuxon Jun 10, 2010 8:07am
799 Views
Post# 17175922

RE: buy high sell low - a few ideas

RE: buy high sell low - a few ideasWhy don't you just come out and admit you know nothing about this company...generalities like yours do not help anyone.  Concentrate on the facts:
The just closed 2.92M dollars of hard cash-in our current environment, that is a powerful statement
100% owned 25 000 hectares of a prospective gold belt
Infrastructure very near
100% hit rate of quartz rock so far in the first 16 holes drilled with visible gold in some holes
Head geologist of great reputation, was asked by the TSX  to investigate Bre-x because he is so well regarded by authorities
He believes that the property holds 5-10 million ounces of gold
Grade to come in somewhere between 3-5 g/t, this is a low grade, very high tonnage potential
Soil Gaz Hydracarbon technique used to identify drill target has been very accurate so far with the best target, Beland, 7km away from the Timmins zone being drilled in the next 2 weeks.
The potential here is for another Malartic type deposit.  Lots of savvy investors watching this one and they will be buying the dips!
Do your due diligence on this one, it will be worth your time!
Glorieux
Bullboard Posts

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