Bullboard - Stock Discussion Forum 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... see more

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TSXV:DEC - Post Discussion

Decade Resources Ltd > Excitement for exploration aside...

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Post by Wsaks00 on Jul 08, 2020 10:22pm

Excitement for exploration aside...

Does DEC have any measures gold reserves? I've looked through all of their SEDAR filings and company presentations. I don't see anything that is worthy of mining so far. The best thing they seem to have going is some cash on hand now, an Eric Sprott participation and a few land claims. They have a current market cap of near $20m

Alternatively, why not look at something like SPA that actually has 4.6m of gold reserves and trades at a $36m market caps? (Recent dilution aside).

Can someone help me see the light on DEC? Looks like a pure speculation play and I can't get there in the valuation until they bring in better results.

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