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Bullboard - Stock Discussion Forum 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... see more

TSXV:DEC - Post Discussion

Decade Resources Ltd > Knowledgeable bet
View:
Post by OgnyQ4 on Nov 05, 2020 9:04am

Knowledgeable bet

 


In the current gold environment, 11 million USD market cap.  , for a company with so many valuable properties in stable and mining friendly jurisdiction  like GT in Canada is clearly undervalued.


  • DEC could go down to 0, 05cad. if 14 zone have only one hole(from 9) with gold ( for example 5gr. / 10m.) + nothing interesting in all other zones.

... BUT even in this case, it could go up to 0,15cad. if Mr. Sprott makes one more PP.

  • Uncle Eric like placer gold zones, gold bearing creeks, small market cap.  juniors ( where he could easily go up to 30% ownership)............. So he will participate in the next one PP and that will happen till December.


All other cases will  be 3 to 30 baggers overnight after drill results announcement.



PS : in my experience, when SP drops dramatically(like yesterday), at the end of the trading day ,with small volumes (in a junior waiting for drill results).... That's a clear signal - stock is played.




GLTA!

 
Comment by Backstreets on Nov 05, 2020 12:29pm
Agree with your post for the most part. That said something is off with this thing. 6000m with 30+ holes pending should not be hitting 6 cents no matter the games being played.
Comment by ernesto47 on Nov 06, 2020 3:40pm
I am sort of beeing on your side, but if you look up this lousy turnover, you will learn soon, how easyly this stock gets manipulated by the deep pockets who are waiting like us to learn the truth about the present drill campaign. So, they want to keep the stock as low as possible, because for running the next needed PP as cheap as possible for them....after that plan is coming them to pass ...more  
Comment by OgnyQ4 on Nov 06, 2020 4:31pm
   From the News Release published in SEDAR(official documents) : 17 August Start drilling... and.. The Company has prepared an "apex" pad on a nunatak in the south Nelson glacier allowing for testing veins and breccias associated with the LG vein. .... means one pad was already constructed. 27 August announces that it has completed 6 drill ...more  
Comment by amxjavelin on Nov 07, 2020 12:07am
Your deductions are great  Keep the great posts coming 
Comment by OgnyQ4 on Nov 09, 2020 9:16am
Warrants expiring September 18 2020( $0.08.- 2,503,845)................. Warrants expiring November 5, 2020.( $0.08.- 1,742,384)............ Both transferred in shares.po
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