Daulton Capital Corp. (OTC:DUCP) has been on the progressive move these days. Yesterday, the stock added the next 19% to its 
price and its traded volume rose up significantly.
Considering the latest publications about Daulton, it turns out that the up move has started on good news. Last week, the company reported it has entered into a purchase agreement to acquire from South Pacific an 80% working interest in a mining claim in Papua New Guinea. According to the announcement, Daulton will pay $35,000.00 and deliver 2,500,000 shares of restricted common stock to South Pacific.
Apparently, investors got encouraged by the new partnership and DUCP kept climbing up, though the positive news was not the only reason for the gain. Apart from the positive announcement, the up trend was additionally pumped up by promotions.
According to the records, yesterday DUCP was promoted twice by a couple of websites which spread out stock alerts online. Despite the fact that the promoters have been previously compensated by the third party Kolyse LLC $30.000 for a one-week campaign on DUCP, this time there was no third party involved in the promotion. Looks like Daulton runs a self-promotional campaign to pump up the stock price by itself.[BANNER]
Daulton Capital Corp. is engaged in the business of exploration of precious metals with a focus on the exploration and development of quartz deposits in North America. According to its 10-Q report, the company’s liabilities are much higher than its total assets, while the deficit accumulated in the development stage period has increased. At the same time, the management claims that Daulton has not yet established an ongoing source of revenues sufficient to cover its operating costs and to allow it to continue as a going concern.
However, according to its new purchase agreement Daulton will incur a total of over $3 million in capital expenditures over the next 5 years to retain the working interest of its mining claim. In this case, where will the company obtain the money from?
