Delta Mining & Exploration (fka DMXC)

[specutator]

It seems that posted email response simply validates the opinion I posted back in October.

If they were NOT going to dilute current shareholders, I seriously doubt they would have stated this:

Quote:When Delta is relisted we hope to begin the next phase of the work and continue to move forward.

Being relisted only helps them in acquiring funds to continue to move forward by selling shares or entering into a convertible debenture in which a lender would require the ability to sell shares to the public.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55909926

I got beat over the head for that post and subsequent posts for suggesting they didn't have the funds to continue exploration and needed to be able to sell shares to finance further exploration, hence the NEED to become publicly trading again.

BTW, just because they aren't trading publicly doesn't mean current shareholders don't still own their shares in the current 'private' company. Any questionable talk they have of not making shareholders "whole" again when re-listed would only mean the possible consideration of a R/S or the creation of a new corporation along with new shares to continue the operations, IMO.

email response:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58698442