Replies to post #4892 on Delta Mining & Exploration (fka DMXC)

[EdF]

FWIW, re OS & Float:

http://www.investorshub.com/boards/read_msg.asp?Message_id=12089881

Posted by: EdFrankie
In reply to: None Date:7/18/2006 12:02:08 PM
Post #of 9573

Called DMXP IR, the O/S is around 800 mil and the float is approx 600mil. He said that they have no CD's and are not diluting as they have all the funds they currently need to progress with the exploration of the company's Grassrange District properties in Montana. Not too bad for a .0006 play.

As with most pinkies, he said they are way undervalued considering all the projects they are working on.

About Delta Mining and Exploration, Corp: http://www.deltamine.com: Delta is a mineral exploration company with an extensive portfolio of diamond properties in Montana, USA and in Bolivia, South America. Delta controls some 8000 acres throughout Montana located within the Wyoming Craton where much of North America's diamonds have been found. A further 10,000 acres of prospective diamond properties are controlled in Bolivia, South America.

FWIW...I have a small position at this point which I grabbed after watching todays unusual volume. I'll see what happens before doing anything else.