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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 HeyIrishon Apr 19, 2013 10:56am
157 Views
Post# 21279159

Doc Zone

Doc Zone

Did anybody else watch Doc Zone's "The Secret World of Gold" last night on CBC? It will make you think twice about selling your physical gold and well worth the time spent watching it.

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Dec / Mtb somebody writes up a nice little fluff piece about Dec & Mtb disguised as an article about Stewart area play. Problem is they mention that the 43-101 won't be seen any sooner than late June or July which is more information that management has put out to it's shareholders. It appears that started a sell off by investors who are tired of waiting and are accustom to management missing target dates. In their current state who wants to hold Dec & Mtb into the fall or longer?

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We need money! How are we going to get it. Bank Loan? I don't think so for two reasons: 1) we won't qualify 2) No way is management going to put up any personal assets. Private Placement? Maybe but even if we could get people interested it would be massive dilution.  Buy out: Most likely: 1) Buy out with 43-101 we get some ok money. Problem is without a 43-101 until late summer early fall we run out of money and we will probably get sold without a completed 43-101 on the cheap.

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In case your wondering I hate all of the above scenarios so if anybody has some that are more positive I'd love to read them. I still hold hundreds of thousands in each company.

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Cheers

 

 

Bullboard Posts