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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 Rocketman5on Dec 29, 2009 2:05pm
628 Views
Post# 16623538

RE: DEC's decision to drop the additional 20%

RE: DEC's decision to drop the additional 20%that is possible but I don't think so.......my bet is that management was receiving some pretty heavy enquiries from the exchange regarding the 'agreement' on the extra 20% and they decided that it is muh easier and cleaner to live with a 60% interest and no hassles than to fight for the extra 20% and possibly get halted until the issue is answered fully to the exchange which could take months.

the next drill results may be good or may not but that is a sideshow to when they actually drill the TRUE target areas this coming season.

Bullboard Posts