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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
Comment by Rocketman5on Dec 29, 2009 2:05pm
629 Views
Post# 16623538

RE: DEC's decision to drop the additional 20%

RE: DEC's decision to drop the additional 20%that is possible but I don't think so.......my bet is that management was receiving some pretty heavy enquiries from the exchange regarding the 'agreement' on the extra 20% and they decided that it is muh easier and cleaner to live with a 60% interest and no hassles than to fight for the extra 20% and possibly get halted until the issue is answered fully to the exchange which could take months.

the next drill results may be good or may not but that is a sideshow to when they actually drill the TRUE target areas this coming season.

Bullboard Posts