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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 wealth2015on May 09, 2015 11:54am
105 Views
Post# 23711411

DEC

DECI mostly agree with all (past) investors in DEC who are describing Ed’s & Randy’s  dealings in owning construction,trucking and drilling company in the same time as controlling position in DEC as probably not that beneficial to rest of the DEC shareholders in creating shareholder value. They have pretty good deal creating jobs/profits for drilling/construction company  and profits for themselves and as many wrote and  keep on repeating same cycle over number of years. But I also would speculate that maybe this time they stumbled on something with bigger potential with Bow new discoveries. The results from drilling are so far very good if not great and we have to wait for rest of the holes to give us better picture and specially two long mineralized sulphide holes. If this results are good stock will react in positive way and maybe market forces are going to take DEC from their controlling hands. I’m sure that some downtown Vancouver or Toronto  eyes are following stock trading with unlimited supply at this low prices $0.04-$0.045 and if they see potential for new discovery they will jump in because property is near major discoveries. Some people mentioned good old time during Pezim’s era. Lets remember  one of his biggest deals Eskay Creek discovery in the same Stewart area . Small company Cons. Stikine Resources if I remember name correctly was poking holes for long time I think decade or more whenever they had some cash without success but they kept property.   When they drilled spectacular gold/silver rich discovery hole Pezim and his people including Jim Patisson jumped in and took control of the project and made killing for themselves and other shareholders.   I’m not saying that this is happening with DEC but if they continue to produce as good results as last year Ed & Randy are going to be history if they continue to play with shares at this low levels and big money investors will get control. I don’t know if you guys remember Ventana. They were also trading for pennies before they discovered gold reach property in Columbia. R.Warke & R.Beatty financed the company and took control with stock going to $10+ before being taken over. Exploration is hard and sometimes maybe little shady business but when there is potential for discovery all bets are of and I believe that DEC is good bet at this time. Good luck!!! 
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