Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by Wangotango67on Apr 22, 2021 3:16pm
160 Views
Post# 33046649

LORD COPPER

LORD COPPER
I'll place my angst off to the side - yes, the red cliff resource should be their main focus before
entertaining anything else.

Having said that -  let's take a look at this - Lord Wonder.
Suppose they did kepe the Lord - what exactly are the drills speaking ?

- shallow intercepts
- perhaps shale or sedimentry copper formation ?
- 27m depths


What would a drill campaign look like if, decade chased this horizon ?
1,500 m ~  30m holes
= 50 holes

The size of this horizon is presumed  to be -
1,200m long x 200m - 300m wide and the depth so far - is extremely shallow.
Juniors best dream - being so near surface.


HYPOTHETICAL ? ( in a perfect world ) lol
1,200m x 200m x 2m intercepts x 2.8 ore weight
= 1,344,000 tonnes
x 1% averaging copper.
= 13,440 tonnes of copper
x 2200 pounds ( copper is priced per pound )
= 29,568,000 pounds ( hypothetical )
x $4.29 per pound
= $126,846,720  - million usd ( only example - supposing horizon was consistent throughout )




Now - tack on gold values
What would it do to the copper values with an equivelant ?
Coppr + Gold values
= Increases the EQ


So... that's my take on the Lord.
But... i'd prefer the red cliff resource assembled.
Then.. .attack Del + Lord.
othewrwise the junior is leaving itself wide open.


Perhaps the stock over reacted.
Investors need to replace thier gold caps for copper.
To see the  copper potential.
And - well.. copper is ahot market right now.

Peraps we'll see a repair ot the stock...
Once the shareholders ( even mysefl - lol )  reason out the copper potential.
And... .extremely shallow.

Cheers....


<< Previous
Bullboard Posts
Next >>