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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 Jun 03, 2015 10:40am
84 Views
Post# 23792833

No Drilling this year?

No Drilling this year?Will Dec be able to drill this year? 
They need to get the share price up. My opinion is that If they can't, then doing a private placement at these levels will lead to major dilution for current shareholders.

Even if they do drill this year when will investors see those results; late 2015 or early 2016 or later?

Without a steady flow of positive news releases what will cause the share price to rise?

It would appear that 1.4 million dollars more is needed just to get a preliminary resource estimate for Red Cliff. Will that project just fade away or is management planning on doing something with it?

Has Dec's percentage in the Red Cliff property increased again this year? Is MTB (with its shared management) putting up any money at all into Red Cliff?

I look forward to the next set of financial statements to be posted on Sedar.
Bullboard Posts