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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

Comment by Countrygenton Dec 31, 2021 12:22pm
178 Views
Post# 34274093

RE:RE:RE:RE:RE:Wonder

RE:RE:RE:RE:RE:Wonder

My year-end view is 2021 was a crummy year for the explorers, they are now facing overhangs in their paper with lots of underwater share and warrant holders, but at the same time the PM and base metals picture has improved with some nice cooling-down of the long moving averages and prices poised to climb in 2022.

Decade has a major cash squeeze, too bad, Del Norte and Nelson are real teasers in elephant country, they have defined some great drill targets ... but where and how do you raise cash with a brutal paper overhang?  

The gambit of "visible gold in core" and some interesting drill assays ... was like a broken stick slap shot from the point that missed by a mile and turned over the puck off the glass.

My DEC bet rides but the paper is a mess.  Where's the promoter's equivalent of Brucey Boudreau when you need him?  

cg

cg

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