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Decade Resources Ltd V.DEC

Alternate Symbol(s):  DECXF

Metals & Mining Industrial Metals & Minerals
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

Decade Resources Ltd > Gold: Is it Time to Buy?
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Comment by Mulli15on Nov 24, 2020 4:27pm
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Post# 31963236

RE:RE:RE:RE:Gold: Is it Time to Buy?

RE:RE:RE:RE:Gold: Is it Time to Buy?What are the catalysts for a turn around in Gold? 

Huge Stimulus package? most likely not coming until Biden is in office. Possible February Stimulus.

Negative interest rates? Most likely not happening unless the market tanks which gold will tank as well for margin calls.

Inflation? I believe they are more worried about preventing deflation at this point. A new large stimulus package might re ignite the infaltion fears.

Safe haven status? No need for that as stocks only go up!! for now...

Is there a near term catalyst you see?

 
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