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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 laser1on Jan 07, 2010 6:59pm
545 Views
Post# 16652414

setting up beautifully

setting up beautifullyToday's price action and close is setting things up for a move higher next week. My guess is that we trade decent volume and close around 33 or 34 cents tomorrow.

If that happens everything would be set for some catalyst to drive things substantially higher next week. Once the 35 cent resistance (neckline of the inverse head and shoulders) is taken out we should see a quick move up to 45 or 50 and possibly as high as 60.

My advice to all readers is buy a little tomorrow if you want to get in 'early' but definitely buy the bulk of your position after the breakout.

Be prepared to pull the trigger quickly though and don't get left behind !!!

GLTA
Bullboard Posts