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Decade Resources Ltd V.DEC

Alternate Symbol(s):  DECXF

Decade Resources Ltd. is a Canada-based mineral exploration company actively seeking opportunities in the resource sector. Its principal business activity is the acquisition, exploration and evaluation of mineral properties located in the Province of British Columbia, Canada. The Company has a 65% interest in the Red Cliff property in north-western British Columbia. It has 100 % interest in the Goat, Grassy, Premier East and Terrace area properties. Its projects include Red Cliff, Lord Nelson, Goat/Surprise Creek, Treasure Mountain, Terrace Property, and Del Norte Property. The Lord Nelson property is located 34 kilometers east of Stewart, British Columbia and is comprised of approximately 2630 hectares in six separate claims. The Terrace Properties are composed of three main claim blocks, namely Terrace Gold-Dardanelle-Treasure Mountain group of claims located about 10 to 35 air kilometers east of Terrace, British Columbia, on the side of the Zymoetz (Copper) River valley.


TSXV:DEC - Post by User

Bullboard Posts
Comment by flyingnunon Sep 24, 2009 8:52pm
259 Views
Post# 16337022

RE: Connect the dots

RE: Connect the dots

Just posted this on the MTB board as well.

First off, I have equal amounts of $ invested in both MTB and DEC so I consider myself somewhat unbiased as either way I will benefit from appreciation in share prices and whatever % ownership exists. This is my opinion only. For those shareholders that purchased MTB after the extra 20% option with MTB was announced you have nothing to complain about....had you done adequate due diligence you would have realized that ultimately if this property turned into anything that DEC would at the end of the day own 80% and MTB 20% based on the agreement the 2 companies had entered into. I would agree that MTB shareholders prior to the extra 20% agreement may have an argument but no more so than DEC shareholders that bought after the agreement was announced on the basis that they could earn an extra 20% for a total of 80% interest. How do you settle something like this and make it fair for pre-announcemt MTB shareholders and Post annoucement DEC shareholders?You cant have it both ways. I live close to an area with an airport and rail lines and I'm always amazed at people that move into an area, buy a house and them complain after the fact about all the noise from the trains and the airplanes.
Bullboard Posts