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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 Nov 13, 2009 11:58am
263 Views
Post# 16484126

RE: To avg down or not.... hmmm

RE: To avg down or not.... hmmmBeen thinking about this as well...it seems like we are in just the opposite position that we were in a month ago....back then expectations were so high and the price had popped so much on anticipation of huge grades and intervals.....now a month later seems like everybody is expecting the worse and the price reflects that accordingly....my concern now is that if we get decent results the share price may not move much because we have probably got a lot of speculators that have accumulated in the high 30"s low 40's that will sell for a quick dollar on a small pop and then the others that are currently waiting for some price appreciation to exit or reduce their position...this is further complicated by the fact that this company becomes inactive now over the winter months unless there is another feasible property that can be drilled over the winter in a different locale which has been hinted on these boards a few times....anyhow, time will tell.

GLTA
Bullboard Posts