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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

Comment by Countrygenton Dec 31, 2021 12:22pm
180 Views
Post# 34274093

RE:RE:RE:RE:RE:Wonder

RE:RE:RE:RE:RE:Wonder

My year-end view is 2021 was a crummy year for the explorers, they are now facing overhangs in their paper with lots of underwater share and warrant holders, but at the same time the PM and base metals picture has improved with some nice cooling-down of the long moving averages and prices poised to climb in 2022.

Decade has a major cash squeeze, too bad, Del Norte and Nelson are real teasers in elephant country, they have defined some great drill targets ... but where and how do you raise cash with a brutal paper overhang?  

The gambit of "visible gold in core" and some interesting drill assays ... was like a broken stick slap shot from the point that missed by a mile and turned over the puck off the glass.

My DEC bet rides but the paper is a mess.  Where's the promoter's equivalent of Brucey Boudreau when you need him?  

cg

cg

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