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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 > Wash/Rinse/Repeat
View:
Post by PetertheImpaler on Feb 24, 2021 3:45pm

Wash/Rinse/Repeat

Check this link, and look at the history -- sound familiar?

https://stockhouse.com/news/press-releases/2018/10/11/decade-reports-on-red-cliff-drill-program-waterpump-zone-returns-10-6-g-t-gold

Buy a property. Drill a few holes to establish a presence. Mention visible gold. Assays pending that are never released or quietly trickle out -- but never enough to establish a resource or produce an estimate. Make a big announcement about optioning a new property. Move on.

If you wanted a five- or ten-bagger, then you needed to pick this up at .015-.02.

As GG likes to say: Wash/Rinse/Repeat.

Welcome to the rinse cycle...
Comment by Taiter89 on Feb 24, 2021 3:53pm
Doesn't make any sense to put money into lord Nelson to just drop it and move to other things! In my opinion we will see decent results im still bullish
Comment by PetertheImpaler on Feb 24, 2021 3:57pm
It does when you're using other people's money to pay yourself for the drilling... But don't worry -- you'll get your chance to pick it up again at .015 soon enough.
Comment by Taiter89 on Feb 24, 2021 4:04pm
I don't think so this time 
Comment by PetertheImpaler on Feb 24, 2021 4:13pm
I should probably point out that the day before that 2018 news release Decade was at .055.   The day it came out, it went to .05, and proceeded to drop. Two months later it was .025.
Comment by Yucatanman on Feb 24, 2021 4:18pm
Red Cliff.. I remember that. Dec has been up in the Triangle longer than any. Take a look at some of the others. Even established a few world class mines. I think his work is his hobby. Wish you guys all the best.
Comment by Sinbob on Feb 24, 2021 4:29pm
I don't either. I can understand the sentiments and have been in and out DEC over many long years but this one property has some real guts to it. Do people really think all those samples and drills results, some with eye popping values, don't spell big time promise? I think this is an exceptional property. Are the shorters and day traders really serious that they insinuate that Eric ...more  
Comment by PetertheImpaler on Feb 24, 2021 4:33pm
I hope you are correct -- I really do... GLTA.
Comment by Mulli15 on Feb 24, 2021 4:42pm
Sounds like if they don't have anything on Del Norte/ Lord Nelson this is the last time they bought a beer on shareholder money.
Comment by PetertheImpaler on Feb 24, 2021 4:55pm
Sadly, Mulli, there will always be plenty around the bar who are willing to listen to Decade's stories with eyes widened, willing to buy the next round...
Comment by Yucatanman on Feb 24, 2021 5:11pm
I have been to the Last Chance Saloon in Hyder Alaska. Getting Hyderized! Back in 82 or so.
Comment by Jahrhundertfund on Feb 24, 2021 5:09pm
I think, with Del Norte Ed has a big chance to change the story and his bad reputation. This Property could have a decade resources in it .
Comment by PetertheImpaler on Feb 24, 2021 7:54pm
Doesn't it say something that bonanza grades are required to rehabilitate Ed's reputation?
Comment by Jahrhundertfund on Feb 25, 2021 1:13am
These facts make me believe that Del Norte has something big: ES bought 5 Mio. Shares @0.10. and 5 Mio. Shares @0.12 in Sept2020 after his first engagement in July, 10 Mio. Shares @0.05. At the same time, in Sept‘ 2020 Big Ed bought 1.125 Mio.Shares @0.10 and 1.125 Mio. shares@0.12. The both guys must have seen something here. In Jan 2021 Teuton made the first statement that Tudor and DEC make the ...more  
Comment by Mulli15 on Feb 25, 2021 10:36am
Thanks for this! sometimes a person forgets why they are in a stock in the first place when they are frustrated with the company. This is a summary of some of the reasons I too bought.
Comment by FredZarfloon on Feb 24, 2021 4:21pm
Look what happened to Bow, one of their flagship properties right next to Pretium. They made a lot of noise about it, then boom - It was suddenly gone - optioned off to Rotation (now Scottie).
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