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Bullboard - Stock Discussion Forum 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... see more

TSXV:DLTA - Post Discussion

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Post by GoldenIdle on Apr 27, 2023 9:33am

Financing!

I like this finance. Congratulations to management for getting favorable terms . I'm sure they were tempted at lower share prices ... it helps having VG in unreleased cores I'm sure . Now drill it out !!
Comment by Kaisercal on Apr 27, 2023 10:12am
It is very favourable financing. Maybe this means a more aggressive approach to drilling coming? Maybe an additional drill rig also? This is one of the most exciting exploration projects going these days and there's plenty of interested investors. 
Comment by GoldenIdle on Apr 27, 2023 11:17am
Hey thanks for your response. There's plenty of interest because , despite recent run up... it's still underpriced.. next financing will be over $1 .imho a 100 million market cap equals roughly $1.50 per share .  now they got the $$$ they can expand the drill program and please continue to release assays as the come in .  imho  GLTA 
Comment by Kaisercal on Apr 27, 2023 12:04pm
It is very underpriced I believe as well. With all the visible gold in most core they have been getting along with lengthy mineralized holes just to the west of the deep blue zone and hole 38 hitting several occurrences of visible gold on the edge of the deep blue zone I am expecting the next 1.4 km or more will only get better. 
Comment by Evenkeel123 on Apr 27, 2023 12:07pm
This post has been removed in accordance with Community Policy
Comment by GoldenIdle on Apr 27, 2023 1:49pm
I'll put it to you this way ... I think the grades will improve and considering buying more !
Comment by Evenkeel123 on Apr 27, 2023 3:54pm
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Comment by Evenkeel123 on Apr 28, 2023 9:05am
This post has been removed in accordance with Community Policy
Comment by GoldenIdle on Apr 28, 2023 12:04pm
Yes I'm down in Mexico on vacation and starting slow ... good week for $$$
Comment by Evenkeel123 on Apr 28, 2023 1:16pm
This post has been removed in accordance with Community Policy
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