Decade Resources Ltd V.DEC

RE:down the rabbit hole

[OgnyQ4]

REED THAT ONCE AGAIN

OgnyQ4 wrote:

If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck. 
 

* From one of the last highper posts, we could located the 14 oz  zone :
"The map in the July 21st E Letter shows the locations of two showings in the Lord Nelson creek glacial valley... Surely one of them would be the 14oz zone. If it is not the 14 oz zone is proximate anyways.
https://decaderesources.ca/presentations/e-newsletter-july-21-2020/ "


** from the document below we could suggest that not far from the location of the 14 oz zone , was located former Nelson Placer Mine.(closed 1930).
https://cmscontent.nrs.gov.bc.ca/geoscience/PublicationCatalogue/Bulletin/BCGS_B085.pdf

• I am wondering... If the 14 oz zone could be the SOURCE of the gold extracted from the former Nelson Placer Mine & from the creeks around ???

# from NR dated September 25, we were informed that the PP ( 1,1 million, 70%  from ES and insiders) will be used for -  " The proceeds of the Private Placement will be expended on the Company's drilling programs on the Del Norte/Lord Nelson boundary areas.".
IMO they will drill around 3 000 metres in the 14 oz zone till  15 November.  IF that's the case we will have closed to 10 thousand meters drilled !!!


## from NR dated September 29 :" The Company has completed over 4500 m of drilling in 19 holes to date testing both the "Argo" zone - a 115 m wide north-south zone of deformation and the newly discovered Eagle's Nest zone"
ALL holes was drilled out of the 14 oz, with deepness around 240 metres per hole.


### from NR dated October 8 : " The Company has completed over 6000 m of drilling in 23 holes to date testing three targets: the "Argo" zone (a 115 m wide north-south zone of deformation), the newly discovered Eagle's Nest zone and the newly discovered "14 oz" zone ".
4 more holes was drilled. One of them - the hole nomber 23 ( the last one) was drilled in the 14 oz zone.  My point is that if the 3 holes drilled outside 14 oz zone was around 240 metres deep (like the others 19 holes drilled outside 14 oz zone)..... THEN, the hole  23 (" VG bearing  DDH-20-23 ) HAD TO BE drilled deeper.. much more deeper... probably over 700 metres !!!


I am wondering, WHAT makes BIG ED (CEO on DECADE RESOURCES & member of BOD on TEUTON RESOURCES.) :
- to raise 1,1 millions( 70%  from ES and insiders)
- to start ( IMO) over 3 000 metres in the 14 oz, NEW drilling program.
- to spend around 2,5 million for drilling in 2020 ( acording the agreement with TEUTON RESOURCES,  DECADE RESOURCES has to spend for drilling 1,5 millions till the end of 2022 !!! )  ???????



I think that Eric Sprott and Big Ed are betting on  DISCOVERY on the Del Norte/Lord Nelson boundary areas.
AND....
IF that's the case we will have SP nord of 1 dollar till the end of the year




GLTA !