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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 frenchfry1on Oct 06, 2016 11:18am
150 Views
Post# 25317153

flashback to 2012

flashback to 2012i'm going to go back to 2012 and do a price comparison between dec and mtb, as you know dec holds 65% of red cliff and mtb holds 35%, on feb 9, 2012 dec was trading at 18 cents and mtb at 12 cents, dec had 57 million shares out and mtb had 90 million shares out so both dec and mtb had caps of around $10 million, on oct.23,2013 dec did a 1 for 5 share consolidation, mtb hasn't done a consolidation for a long time. now dec is trading at 5 cents(really 1 cent if you consider the consolidation) and mtb is trading at 5 cents, meaning, $1,000 invested in dec on feb 9, 2012 is now worth about $56 and the $1,000 invested in mtb is worth about $417, why the big difference, remember dec holds 65% of red cliff and mtb holds 35%, in 2009 red cliff showed 32.5 m x 7.5 g/t,  28.4 m x 7.3 g/t, and 24.7 m x 20.9 g/t and the dec share price went to $1.50, 2010 showed the big 18 m at 49 g/t and 25.9 m x 10.9 g/t,  2011 showed 7.4 m x 43.7 g/t, in 2014 dec released numbers from bow 49.6 m x 15.3 g/t,  12.7 m x 39.4 g/t, 13.2 m of 56.7 g/t, and 13 m x 27.5 g/t numbers better than red cliff, mtb has no part of bow so why isn't dec trading at a much higher price than mtb, i know mtb owns 20 % of  jdn's property but that property has been there for years and may never get developed, dec and mtb should be trading a lot higher just on the red cliff numbers (with more drill results coming this fall) and on top of that dec has the huge bow numbers, seems like nobody believes the red cliff numbers out there and for sure nobody believes the bow numbers or else dec would be double even triple mtb's price, comments would be appreciated,
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