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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
Comment by AlternativeViewon Dec 20, 2018 7:15pm
68 Views
Post# 29143794

RE:Well, 'Alternative View'

RE:Well, 'Alternative View'Sinbob,

You have clearly been doing you homwework.  I'll offer a few brief comments:

The story of FPX is lengthy.  I still hold it and have added much more than you can even imagine, over the years.  This is the best option play on nickel that exists.  In a couple of years, it will make me a boat load of money.  I have done more DD on this stock than even John Kaiser.

I was in and out of BAR several times.  Out now, having sold my last few hundred thousand shares at about 35 cents following the reserve estimate.  It has very poor prospects going forward.

I bought KTN because Ross Beaty (public record)  got in and PAAS farmed in to a KTN property in Mexico.  In my opinion, KTN management turned out to be flakey, but nowhere near as bad as Ed.  I have been out of KTN since last year, after one of their PR's pissed me off.

BME is a low risk, longer term hold due to the Agnico farm-in at Barsele.  I still have a lot of this and no plans to sell.  Added some more recently.

I made a tiny bit of money on my DEC holdings but sold my entire position a couple of years ago.  Bow was the reason I got in.  Had a few million shares of DEC at one point.

This will absolutely be my last post on this BB.  If I spend any more time on Bow, I will post what I find it over at ROT.  Just know that trhe kind of DD I did involved a full review of all prior ARIS filings from previous operators at BOW, plotting DEC drill hole traces on the Bow maps I downloaded from the ARIS site, and a bunch more stuff that I doubt you would even comprehend.  Stuff that DEC should have done and published themselves but did not.  After a while I began to wonder if the unreported drill holes were ever actually drilled.

If I was auditing this sh!t-show, I would demand a full document review on all invoices from Ed / Randy's drilling company and trucking company, along with timesheets, records of meterage drilled and then I would interview the drilling staff to see what really happened.

Sinbob wrote:

I’m sorry,  I am led to the conclusion that your thoughts/position on the macro, objective  aspects  are inconclusive on DEC. with respect to the potential real value I (many) am interested in. I repeat that I don’t care a whit about Ed as I believe I have ‘allowed for’ any inconsistencies he has been responsible for, and I believe I have given a healthy margin for whatever his future influences, demands or maneuvers may engender. What’s spent is spent and I am sorry for your losses (you never lose until you sell though …. and you never lose until you quit). Let’s have a very quick look at your past post history.

 Has FPX going all the way back to 1997 never diluted? Have they done anything in the last 20 years other than raise money and spend money and dilute whislt making an honest effort to deliver?   It peaked at 1$ in 2011 and is 13 cents today. How many dejected shareholders have been long gone? What do you think the future of nickel will be with the global slowdown increasing? What has T.BAR done for you in the last 4 years going from $1.80 to 13 cents today? How about KTN down from $1.18 to 14 cents today? But you picked a winner in BME only down to 42 cents from $1.18 last year. How many of those and all other juniors you attend/attended have had rollbacks and/or massive stock dilution? Where did all that dough go? Were they all less than genuine with bad management and boards? OR, is that just your opinion? They could all well be good investments in the future. I do not know.

Well, I get the picture. Either you are a professional naysayer or a very poor shareholder of all those explorers BBs you have attended and I only picked a few over all the years. So, how do you come off as an expert on DEC in comparison to your posting record? How can anyone have credibility in you, never mind ‘Ed’?  What is your agenda? 

I believe all the past investments in many good junior gold/silver stocks is still locked in ... to be released as the price of the metals appreciates ... and the potential leverage is incredible. 




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