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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 Jan 04, 2022 11:20am
204 Views
Post# 34281721

RE:RE:RE:Starting to get crazy

RE:RE:RE:Starting to get crazy

 

With a puny market cap, most shareholders underwater, and not a lot of volume in the book in at current trading prices, not sure what you are thinking in terms of "negative activity".

So long as there is life in DEC, especially unreleased drill results, how many people have a material stake in hand worth bothering about?   Clearly the properties justify further drilling, and the option value alone earned by DEC to date should be worth more than the trading price, as a pure spec venture.  

I'm underwater but, meh, let it ride,  The only question in my mind is whether more paper gets PP'd now or later.  

The way things have gone, seems a fair bet that moderately good news and a small price pop will cause a sell off of disgruntled shareholders, it would take some very good results indeed to build upside momentum and interest.  Possible.  One core is all it ever takes.

cg

 

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