DMXP holding @ the .0046 level.
Posted by pennystock31 on :
DMXP is back up to the hod of .0048. Its slowly moving to the .005 area.
Posted by <dej500> on :
DMXP seems to be a great stock. I hope everyone got in @ the dip today.
Posted by BullzeBob on :
After Tuesdays' high of .0048, everyone had an ideal opportunity to grab more at the lunchtime dip, alerted in the 'Stock Hideout' room at .0040 bottom. We're looking at continued momentum from that area in days to come. You'll want to have news alerts active here, folks....wouldn't be surprised to see another 1 or 2 positive releases.
Posted by BullzeBob on :
LOL...can I predict 'em or what? Very positive for this stock....buys coming in the low .0040's. Be on watch for test of .005....READ ON! :
Delta Receives First Traunche of Financing, Finalizing Work Program Wednesday June 1, 10:30 am ET
LEWISBURG, Ky.--(BUSINESS WIRE)--June 1, 2005--Delta Mining and Exploration Corp. (OTC: DMXP - News) has received and banked the first traunche of proceeds resulting from its financing agreement. The first deposit is part of a one million dollar financing as per Delta's news release dated May 25, 2005. With the financing in place, Delta has been working diligently on setting up a comprehensive work program on the Homestead and surrounding properties. CEO Dr. Barry Rayment met last week with a leading geological consulting firm on-site in Montana to review and analyze what further exploration needs to be completed. The full work program and the appointment of a geological consulting firm will be announced in the coming weeks.
This spring and summer, one of Delta's main priorities is to complete tests that would advance evaluation of the Homestead kimberlite diatreme, as follow-up to reconnaissance sampling previously completed by Delta. In addition to the Homestead pipe three further, nearby targets, Rattler Butte, Half Moon Hill and TV Hill will be assessed during the fieldwork program this summer. Other targets have also been identified in the surrounding area and will be followed up during the exploration program.
Delta was profiled by the Associated Press last year as the company that may have the potential to develop the State's first ever commercial diamond operation.
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 8,000 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.
Posted by mosbyone on :
It had a nice pop with the news and has settled back at .004 support. After it regroups it should IMHO move beyond the .005 level.
Posted by hometrader on :
The news was great. stock should hit and break the .005 level this week.
Posted by hokietrader on :
Looking for the bounce today
Posted by <K&Km> on :
This has had a nice run over the last few weeks and has had some very good news out.Looks like we had some profit taking the last couple of days and I would think we could see a nice turnaround soon and keep this momentum going.Certainly one to keep on your radars.
Posted by BullzeBob on :
Love that strong hammer for DMXP on Friday - indicates we're ready for upturn from dippage last week....nice swing-play, imo. (CHART) Posted by pennystock31 on :
Holding in the lower .003's area. Great time to get in. I agree with Bullze about it being a nice swing-play. Looking for more news to come out.
Posted by mosbyone on :
Yes Bullz that was a nice hammer, we have to see some volume come in here now and push us off the bottom.
Posted by pennyprophet2 on :
.003 seems to be the new support as that was previous resistance, so our new floor looks like .003 as we consoliditate and rev up for a new move. Lets hope its a move up!
Posted by BullzeBob on :
I think DMXP is a PRIME buy on this dip here in the 20's.... likely to bounce soon, as it did the last time it came down to this area, when it was brought down in advance of news release. Keep your alerts on, folks!
Posted by <shotgun99> on :
Thanks Bullz I will keep my eye on this one
Posted by Peaser01 on :
I think this was a Pump and dump. Watch out for unregistered pumpers with no credibility.
Posted by wired840 on :
Not sure,I know this went from .0025 to .0048 over about a 2 week period.Thats a nice play in my book.Looks pretty good down here again too.Just might get a nice bounce soon.
Posted by pennystock31 on :
DMXP hod of .0032 with good volume.
Posted by charger on :
I got in at .0029 this morning..... lets roll
Posted by BullzeBob on :
Good grab there, Charger - you're in good shape. We saw DMXP dipped at lunchtime today..now back to .0030 - will likely test .0032 HOD and watching for bounce from this area after dip last few days. Bid/Ask 3x1
Posted by pennystock31 on :
Chart is looking nice.Today we held well.Tomorrow could possibly see the nice bounce we've been waiting for.Gotta break that .0032-.0033 area.
Posted by pennystock31 on :
DMXP News just out:
Press Release Source: Delta Mining and Exploration Corp.
Dr. Barry Rayment to Discuss Delta Mining and Recent Developments in a Wide Ranging Interview Thursday June 9, 1:16 pm ET
LEWISBURG, Ky.--(BUSINESS WIRE)--June 9, 2005--Dr. Barry Rayment will be discussing Delta Mining and Exploration Corp.'s (Pink Sheets: DMXP - News) portfolio of properties and recent company developments in an interview that will take place at 10:30 a.m. Pacific Time on Thursday, June 9th. The full interview and can be heard on two websites, www.***************, and www.wallst.net, starting Friday, June 10th at 9:30 a.m. Eastern Time. Dr. Rayment will be discussing the company's ability to raise capital and how it plans to utilize the funds. He will also be discussing his recent visit to the Montana properties and the work program that is in the process of being finalized. Though the company has issued news releases in recent weeks, Dr. Rayment feels that the best way to reach current shareholders and potential investors is to make the case for Delta in a more personal manner, by taking the company's message directly to the public.
WallSt.Net is a service provider affiliate of ************.net. It receives up to 15,000 listeners per day as it interviews CEOs from a broad spectrum of industry including Fortune 500 companies such as General Motors, Pan American Silver, and Atmel Corporation. ************.net has a subscriber database of over 10,000 people ranging from investors to investment professionals who are extremely active in the investment community and is the type of audience that Delta wishes to reach.
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 8,000 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.
This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, the ability of the Company to complete the planned bridge financing, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.
ON BEHALF OF THE BOARD of Delta Mining and Exploration Corp.
-------------------------------------------------------------------------------- Contact: Delta Mining and Exploration Corp. Alex Livak, 347-813-4664 info@deltamine.com http://www.deltamine.com
-------------------------------------------------------------------------------- Source: Delta Mining and Exploration Corp.
Posted by BullzeBob on :
Super....I'll definitely be listening to that CEO interview tomorrow @ 9:30. This stock is so poised to bounce from this dip....a positive blurb or 2 in the interview would really light a fire.
Posted by pennyprophet2 on :
my ear will be to the ground! dmxp volume coming in here as i type. Not much, but good buys
Posted by wired840 on :
I'm sure it will be a very positive interview. The CEO should have some nice things to say.They have had some pretty good news recently and if you read the news today,they control quite a bit of acreage.Looking forward to tomorrow morn.
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