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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 767piloton Mar 07, 2011 1:04pm
283 Views
Post# 18244992

Montrose zone...something to keep in mind

Montrose zone...something to keep in mindDecade has been waiting roughly 2 months to release results from the final 16 holes of the fall drill program on the Montrose zone. The insiders have been accumulating more shares as the price declined and now finally we are starting to move higher on volume.

My suspicion is that they have been accumulating a position prior to the release of these results but more importantly there should be a steady stream of news to come from the winter drill program which means we could see several months of promotion to come.

I have owned Decade oof and on since the initial big rally 18 months ago. I will be adding some more over the next few days once the breakout is confirmed.

Another company that I own and I think people on this board should pay attention to because of its proximity to the Montrose Zone is Nanika Resources (NKA). Their property borders on the Decade property and is 100 meters away from the pending results. If Decade runs higher Nanika will follow and since it is such a cheapy (5 cents) it may even have a bigger percentage move but we will have to wait and see.
Bullboard Posts