Delta Mining & Exploration (fka DMXC)

[ImakeMONEY]

Hi Sky,
i have nothing great to add to the forum at this time, hence my lack of posts. My cousin travels through the 'homestead' area on a monthly basis and tells me he will continue to keep an eye out for any activity on that particular property.

I believe that this stock has great potential but has a couple of hurdles to overcome along the way. If they can be overcome then this will definitely reward the patient. Here's my worthless opinion:

1. CMKX is currently doing to the diamond investment crowd what bre-x did to the mining sector. I believe it(CMKX) will evetually prove itself to be a scam and as a result will totally destroy the credibility of the entire exploration industry and the ability of that industry to attract new shareholders and venture capital. I pray that those involved in DMXP will have made and taken profits before that other scam runs its course.

2. Timeline and Hype - once the financing is done, bulk sampling begins, ore is tested, results are pondered, more sampling is done, results are finally released, more sampling is done, etc. My point is that it will be a very long time before this stock generates the potential 'results' necessary to predicate a long and strong movement in share price. Even if financing was confirmed tomorrow, I don't see the price making a significant increase, and definitely not one that will hold as long as it may take to get some sampling results back.

I still havent bought any shares yet. My intention is to buy in as soon as I can receive some confirmation of progress or activity and then to sell into any upward movement that financing and bulk sampling can bring, hopefully re-entering a few months later in anticipation of the sampling results. Thats when i would be hoping for some serious gains. Then once again the price should relax a bit until a joint venture partner is contracted to do the actual mining. (as is being done on one other property)

Now i doubt that things will pan out exactly as i'd like them to, but that is kind of what i am thinking will happen here. There should be a couple of opportunities to catch a spike, just got to try to time it right and not miss the boat. I have a target date for entry, I'm just patiently waiting for it.

Robert