Not seeing that it validates that opinion in any way. I agree your glass is half empty and many here, including my own, have ours half full..
Nothing in the current email response in question suggests reverse split or that Delta needs to dilute to finance any further exploration. They did not dilute to finance what has been done on Delcer Buttes so far, per their own release of secured private financing...
Here are some IMO still valid replies to your post...
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