Decade Resources Ltd V.DEC

Alternate Symbol(s): DECXF

Metals & Mining Industrial Metals & Minerals

Decade Resources Ltd. is a Canadian based mineral exploration company seeking opportunities in the resource sector. The Company holds numerous properties at various stages of development and exploration from basic grass roots to advanced ones. Its properties and projects are all located in the Golden Triangle area of northern British Columbia. Its projects include Grassy, Premier East, Red Cliff, Lord Nelson, Del Norte and Terrace. The Terrace project includes Terrace Gold, Kleanza, Dardanelle, Treasure Mountain and Nobody Knows. The Company owns 100% of Goat property. The Copper River Valley properties are comprised of three main claim blocks; Terrace Gold-Darranelle-Treasure Mountain group of claims located in northern British Columbia. The property consists of 52 contiguous mineral claims. The Grassy property contains approximately 830.20 hectares in two separate claims which are owned 100% by the Company. The Red Cliff project consists of approximately eight mineral claims.

TSXV:DEC - Post by User

Decade Resources Ltd

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Post by freedom045on Jun 04, 2012 11:09am

205 Views

Post# 19977379

PP @ .05 - Does it mean something?

I wouldn't have griped so much if they would've issued the PP at .10, but at .05 it's just so far below the (then) share price, plus the whole warrant good for how long @ .10? OMG just swimming in paper.

The bottom line is it all comes down to the drilling results. I believe that the first 18 holes are from the Lower montrose, and IIRC the good stuff has all come from the Upper Montrose. So let's hope that these Lower M. holes are decent.

Maybe the PP at 0.05 shows a lack of confidence in what was already disclosed in the May 14 release?

any thoughts?

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