posted
DMXP chart looks right for a move to the upside. Stochs put in a higher low along with a higher low on MACD and higher low on the pps. RSI on the rise and through 50 . All say higher pps. imho
-------------------- Anything I say about a stock is in my opinion only! Do your own DD before buying any stock. Posts: 42 | Registered: Jan 2005
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posted
No doubt,Looking for momentum to pick up.Seeing a litte sell off today,which is normal,it's been green the last few days.Agree SA,looking for that .003 break and we could really get rolling.
Posts: 134 | From: Los Angeles CA | Registered: Nov 2004
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Delta Mining and Exploration Secures Funds; Work to Begin on the Homestead Kimberlite and Surrounding Targets
LEWISBURG, Ky.--(BUSINESS WIRE)--May 25, 2005--Delta Mining and Exploration Corp., (Pink Sheets: DMXP) is pleased to announce the completion of a financing agreement that will allow fieldwork to begin immediately on the Montana Homestead Property together with several previously identified, nearby, specific targets and surrounding areas.
Approximately one million (US 1,000,000) dollars is expected to be received in several traunches over the coming months - the first being banked within the next two weeks. As a result, Delta will move expeditiously in setting up a work program that will fully explore the Homestead kimberlite and neighboring diamond targets. CEO, Dr. Barry Rayment will be meeting with a leading geological consulting firm this week on-site to plan the exploration program. Delta had previously found a kimberlite body together with diamond indicator minerals and a micro-diamond on the Homestead property. The secured funds will allow the viability of the kimberlite on the Homestead property to be determined and to advance fieldwork on neighboring prospective diamond targets.
Furthermore, the funds secured are more than sufficient for Delta to complete this phase of work on the properties and will leave the company in an economically viable position. The financing provides Delta with instant credibility and makes the company attractive for investment, joint ventures as well as providing a pathway to securing additional funding if and when necessary.
Posts: 489 | From: Florida | Registered: Aug 2004
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im in long and strong gonna hold this one for a few weeks maybe longer .i had this one for a while but sorta gave up on it so with this news i feel that the next few weeks could be good .
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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posted
DMXP has legs with this run.... Holding up very nicely here end of day in the .004 area! Hit .0045 earlier, and I believe we will see a push towards .005 very soon.
People recognize with todays' news that revenues are coming, now that they are beginning mine production - hold on to yer hats - this sub-penny area won't last long, imo. Great hold.
Posts: 489 | From: Florida | Registered: Aug 2004
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Good PR.Except one word I'm not quite sure about from it,"traunches". Did they mean to say "tranches" or what?
" Approximately one million (US 1,000,000) dollars is expected to be received in several traunches over the coming months - the first being banked within the next two weeks. "
Wait and see what they do if they ever put out a good "diamondiferious" PR,there is just something about that word that really gets 'em movin'.
Posts: 2634 | From: The highway | Registered: Feb 2004
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posted
http://tinyurl.com/9epzm This chart shows you everything we need to know about dmxp and the potential it has when the RSI reaches 70+ and macd reaches 0+ line. look back in october 2004 when we had a very very similar type run. Not saying we run like that this time, but the potential is there. .005 is our next wall, then .006 is 200 day moving average, then we are off to the races
Posts: 399 | Registered: Jan 2005
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Outstanding day today! Volume was excellent and maybe we have just begun our breakout move.We should see continued momentum tomorrow and possibly break that .005 and close green again.This stock has closed green 4 out of the last five trading days.Could be a nice uptrend we have here.
Posts: 134 | From: Los Angeles CA | Registered: Nov 2004
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posted
is noone interested in this stock it seems to be a break out situation possibly just wondering were all the investors are today.this is weird am i a bag holder hehehehe dont know what to think of this im long and strong for the moment being would like to hear what some of the other investors think might happen to this stock.
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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posted
i dont know if anyone gives much validity to market maker signals but today alone we have had three trades of 5000 shares quantities.im not sure what this means but i thought it was interesting enough to post.buying has sure dried up after a huge run up yesterday im hoping for some more buying to come in as the news of finnancing gets around.
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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posted
The .0030's are a GIFT for DMXP here on todays' dip after recent momentum.....Looking for rebound back into .0040's and test the .005 as a swing-play...
One to keep on watch for short-term - and hold for long-term!Posts: 489 | From: Florida | Registered: Aug 2004
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Held very well today after yesterdays nice run up.Parabolic SAR still shows green,ROC is poking it's head above the 0 line and RSI is just a notch above 20.Chart still looks bullish and tomorrow could be another nice one,imo.If ya added on the dips you could be sitting pretty.
Posts: 48 | Registered: Mar 2005
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Lets see if that .005 wall will come down today. Indicators heading up MACD broke 0 line yesterday. GO DMXP
-------------------- Anything I say about a stock is in my opinion only! Do your own DD before buying any stock. Posts: 42 | Registered: Jan 2005
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DMXP,Looking pretty good out the gate this morning.Volume picking up quickly,agreed,looking for that .005 break and we're off,imo.
Posts: 48 | Registered: Mar 2005
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Definitely bounced back well after some profit taking friday,The stock quickly bounced back to .0046 and held. If we can break the .005 this week we could be on our way to the 6's and have another breakout day.This week should be interesting to see if the momo continues.Definitely one to watch.
Posts: 134 | From: Los Angeles CA | Registered: Nov 2004
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posted
DMXP .0045 x .0048 this could be the next leg and BEYOND
-------------------- Anything I say about a stock is in my opinion only! Do your own DD before buying any stock. Posts: 42 | Registered: Jan 2005
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still holding long over here its starting to look interesting today if some buyers come in we could break the .005 wall and be off to the races.anyone have any new news on this company?
good luck to all sincerely noah.
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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posted
Press Release Source: Delta Mining and Exploration Corp.
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.
NOTE: Safe Harbor for Forward-Looking Statements.
This press release contains forward-looking statements within the meaning of the 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.
-------------------------------------------------------------------------------- Contact: For Delta Alex Livak, 347-813-4664 info@deltamine.com
Posts: 399 | Registered: Jan 2005
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posted
yes SA another good PR from DMXP and looks like a bunch of buys on the ask its .0041 x .0044 volume at .0044
-------------------- Anything I say about a stock is in my opinion only! Do your own DD before buying any stock. Posts: 42 | Registered: Jan 2005
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posted
We could actually get a nice bounce play from here tomorrow,Maybe a slight dip in the morning and then we might see the bounce players jump on board and get the momo going again.
Posts: 48 | Registered: Mar 2005
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The stock dipped friday on a mm shake that lasted all but 10 minutes and then rose back up 40% into close. It needs to consolidate here people just a litting in the .003's. Once we are settled we will be ready for next leg up.
-------------------- Always buy and sell on your own due dilligence Posts: 26 | Registered: Jun 2005
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No doubt pennyprophet,I think we could see a nice bounce as early as monday,maybe tuesday.Definitely some profit taking along the way as this continues to come off of it's lows from a few weeks ago.Looking for some nice momentum very soon.
Posts: 48 | Registered: Mar 2005
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posted
Love that strong hammer for DMXP on Friday - indicates we're ready for upturn from dippage last week....nice swing-play, imo. DMXP CHARTPosts: 489 | From: Florida | Registered: Aug 2004
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