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DLP Resources Inc V.DLP

Alternate Symbol(s):  DLPRF

DLP Resources Inc. is a mineral exploration company operating in Southeastern British Columbia and Peru, exploring for Base Metals and Cobalt. Its properties include Aldridge 1 & 2, Hungry Creek, Redburn Creek, DD/Moby Dick/NZOU, and Peru projects. The Aldridge 1 & 2 project consists of 14 mineral claims within two blocks covering a collective 47.69 square kilometers (km2) over 50 km southwest of Cranbrook, British Columbia (BC). The Hungry Creek property comprises 74 mineral claims totaling 38,852.92 km2. The property is located 35 kilometers (km) west of Kimberley, BC. The Redburn Creek property is located 20 km northeast of Golden in southeastern BC within the Redburn Creek drainage, a northwest flowing tributary of the Blaeberry River. The property consists of seven mineral claims covering just over 3365 hectares. The DD-Panda-Moby Dick and NZOU mineral tenures are in the Purcell range of the Columbia Mountains in the Fort Steele Mining Division of southeastern British Columbia.


TSXV:DLP - Post by User

Bullboard Posts
Post by Gravitymatterson Jul 07, 2020 5:57am
291 Views
Post# 31232345

selling of shares and why so tightly held

selling of shares and why so tightly held- There are many reasons why people sell shares                                                                             . - The primary reasons are typically either a lack of faith in the company or the need to raise capital .
-This Capital Corp was formed to find a vehicle that could develop considerable wealth in a timely fashion.
-The Corp found the DD property .
-A drill ready target that will be drilled in short order , with relatively small initial capital outlay , has the ability to supply information that could lead to a Pandora;s Box of Metals .
-Lack of Faith in this company is NOT the reason for selling at this point . The need for cash is the only reason and since this company was formed by people with patience looking for a Wealth generating project , it is not likely to see a lot of shares coming out for sale,
-But as always people need money for different reasons and so shares drift out for sale.
-Extending Teck's initial hole to the LMC zone is pivotal in gaining a greater understanding of this basin and the secrets of mineralisation at the intersection of 2 major structures, The Rocky Mountain Trench and The Vulcan-Kanasewich Tectonic zone.
-I await the next few months with bated breath .

- Draw Your Own conclusions
Bullboard Posts