Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Yeswecanon Sep 02, 2011 10:33pm
400 Views
Post# 19009131

RE: This will be a great month for decade

RE: This will be a great month for decade SH post from Oct 26, 2009...to save some the bother of having to search:The facts speak for themselves. Decade Resources (TSX: V.DEC, Stock Forum) announced on Monday that it had completed drilling at 31 holes at its Red Cliff project in northern B.C. The exploration company highlighted results from its drill hole DDH-MON-2009-11, where it intersected 12.65 metres of 5.27 grams per tonne of gold. The company also posted results from five other holes with more to follow in the next week or two.The market overwhelmingly unhappy with the company’s drill results.The company’s share price tumbled more than 44% or 57 cents to a close of 70 cents on Monday on a day when many commodities companies were sliding.“You just can't miss the market will kill you,” complained Stockhound2, who was one of many disappointed posters. Going from 24 mhits to half that and 5 g/t gold these are just not good if you previous results are 24m of 20 g/t even though it was stated that holes 9 and 10 were differnt events but you can't drill a hole 15 m away and miss. hell we needed one hole to match at least but didn't get it.”slem7 urged shareholders to hold on to their investments. “Clearly the market makers were ready for all this blood.“The promotion is still on, once people have finished handing in there heads the share price will firm.“The spinners and phonies will again appear on this board, the names may change, their purpose will will be the same, to tell you what to think“I do not think this play is over, it just needs 500 new shareholders that will hold on to their shares.”Shares of the company ran up substantially in September, trading as high as $1.64 on September 25. The had company reported on September 14 that it intersected 28.4 metres of 7.3 grams per tonne of gold at the Montrose zone on the red cliff property. It adopted a shareholder rights plan October 21, in order to ensure fair treatment of its shareholders should the company face a takeover attempt.Stateside sounded resigned. “Everyone, management included, believed in the potential continuity based on the visuals they were seeing. Management taking down some of the PP was what kept me in the game. That's usually a strong endorsement. Still holding half of my shares to see how the story plays out.”Others wanted to hear about forthcoming drill holes before sinking more cash into Decade shares. “Buying here is quite risky,” warned KonFuZion. I would wait for the return of further assays and updating of figures and maps on the website before buying in. Without this information I am not sure who would be buying except gamblers. And even then is the drilling season not nearing the end? Will see lower prices and likely further dilution before this goes back over a buck.”Others took a long look at the numbers, and found the sell off over done.According to cookster9: “They are getting a handle on where these 10-30 meter wide veins are running. The results aren't as bad as what the stock reaction is. They are just beginning to understand how much the veins are dipping and how deep they are going to have to drill to hit the mineralization. It takes alot of holes in the ground during initial drilling to determine this and future drill holes will be better from this area where holes 1-10 were drilled. Stick with it it will come back.”
Bullboard Posts