Replies to post #3595 on Delta Mining & Exploration (fka DMXC)

[ImakeMONEY]

I think we are on the same page. I try to be realistic with my expectations and am far more of a trader then an investor as a result.

I have heard good things about the kimberlites from people who have actually examined them, so I'm optomistic the odds have got better then 1/100, not to mention that being close to the surface lowers exploration and mining expenses.

Still a longshot, but maybe getting closer to being worth the gamble.

Best of luck in your trades,
Robert

[freshner]

sortagreen,

How does a reverse split help to find legitimate finance?

DMXP do not have money nor does it produce income. From what I know, it cost lots of many to do a reverse split. Investor normally look at the market cap to make the investment. Beside this, after the share reverse splits, the individual share may go down much faster than pre-split. It will make legitmate finance even more difficult.

By the way, we already know that Homestead property contain diamond. The next step is that if DMXP can find economical viable deposit of diamond on their property. So we are in 1% (1 in 100) category rather than 0.1% (1 in 10 times 1 in 100) category. This odd still much better than playing lottery.