InvestorsHub Logo

sortagreen

10/03/08 10:54 AM

#6551 RE: sortagreen #6550

Apex has expressed the opinion that the potential for new kimberlite discoveries in the Grassrange area is high. They also point to the Three Buttes kimberlite as being a target of interest and recommend sampling and analysis for the presence of micro-diamonds. Further recommendations include the use of geophysical surveys (magnetic and electromagnetic) in order to search for the presence of buried kimberlite pipes in the district. In addition, Delta is identifying and evaluating new target areas outside of the Grassrange District.


Delta management is currently reviewing the recommendations above and will announce further exploration plans in the near future.


]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]
All true by the way, but not with these guys. They've had their shot.

Vance

10/03/08 10:56 AM

#6552 RE: sortagreen #6550

Well, Delta had to get a cash infusion from the chairman just to complete this sampling. I do not see how they could possibly manage even another "small" sampling. The way I see it, only a beneficial merge with another entity into Delta due to the share structure would make it.. because otherwise it really appears Broke!