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Decade Resources Ltd V.DEC

Alternate Symbol(s):  DECXF

Decade Resources Ltd. is a Canadian based mineral exploration company seeking opportunities in the resource sector. The Company holds numerous properties at various stages of development and exploration from basic grass roots to advanced ones. Its properties and projects are all located in the Golden Triangle area of northern British Columbia. Its projects include Grassy, Premier East, Red Cliff, Lord Nelson, Del Norte and Terrace. The Terrace project includes Terrace Gold, Kleanza, Dardanelle, Treasure Mountain and Nobody Knows. The Company owns 100% of Goat property. The Copper River Valley properties are comprised of three main claim blocks; Terrace Gold-Darranelle-Treasure Mountain group of claims located in northern British Columbia. The property consists of 52 contiguous mineral claims. The Grassy property contains approximately 830.20 hectares in two separate claims which are owned 100% by the Company. The Red Cliff project consists of approximately eight mineral claims.


TSXV:DEC - Post by User

Bullboard Posts
Post by Coffiniteon Oct 27, 2009 1:21pm
373 Views
Post# 16427917

My Take

My TakeThe build up for the latest drill results combined with the large volume of weak hands holding DEC was the perfect storm to make for a 40% or more haircut.  DEC has often been receiving the most posts/reads on SH over the last 2 weeks.  Most people on SH are clowns.  Therefore alot of clowns were holding DEC.  Hopefully a majority of them got flushed out, and will not come back.

The bottom line here is that DEC still has the goods, the technical team to find more goods, a low trading float, and is situated in a political stable area that is close enough to infrastructure.  When the dust settles DEC will start to head up again.

GLTA
Bullboard Posts