Post by
PetertheImpaler on Feb 24, 2021 3:45pm
Wash/Rinse/Repeat
Check this link, and look at the history -- sound familiar?
https://stockhouse.com/news/press-releases/2018/10/11/decade-reports-on-red-cliff-drill-program-waterpump-zone-returns-10-6-g-t-gold
Buy a property. Drill a few holes to establish a presence. Mention visible gold. Assays pending that are never released or quietly trickle out -- but never enough to establish a resource or produce an estimate. Make a big announcement about optioning a new property. Move on.
If you wanted a five- or ten-bagger, then you needed to pick this up at .015-.02.
As GG likes to say: Wash/Rinse/Repeat.
Welcome to the rinse cycle...
Comment by
Taiter89 on Feb 24, 2021 3:53pm
Doesn't make any sense to put money into lord Nelson to just drop it and move to other things! In my opinion we will see decent results im still bullish
Comment by
PetertheImpaler on Feb 24, 2021 3:57pm
It does when you're using other people's money to pay yourself for the drilling... But don't worry -- you'll get your chance to pick it up again at .015 soon enough.
Comment by
Taiter89 on Feb 24, 2021 4:04pm
I don't think so this time
Comment by
PetertheImpaler on Feb 24, 2021 4:13pm
I should probably point out that the day before that 2018 news release Decade was at .055. The day it came out, it went to .05, and proceeded to drop. Two months later it was .025.
Comment by
Yucatanman on Feb 24, 2021 4:18pm
Red Cliff.. I remember that. Dec has been up in the Triangle longer than any. Take a look at some of the others. Even established a few world class mines. I think his work is his hobby. Wish you guys all the best.
Comment by
PetertheImpaler on Feb 24, 2021 4:33pm
I hope you are correct -- I really do... GLTA.
Comment by
Mulli15 on Feb 24, 2021 4:42pm
Sounds like if they don't have anything on Del Norte/ Lord Nelson this is the last time they bought a beer on shareholder money.
Comment by
PetertheImpaler on Feb 24, 2021 4:55pm
Sadly, Mulli, there will always be plenty around the bar who are willing to listen to Decade's stories with eyes widened, willing to buy the next round...
Comment by
Yucatanman on Feb 24, 2021 5:11pm
I have been to the Last Chance Saloon in Hyder Alaska. Getting Hyderized! Back in 82 or so.
Comment by
Jahrhundertfund on Feb 24, 2021 5:09pm
I think, with Del Norte Ed has a big chance to change the story and his bad reputation. This Property could have a decade resources in it .
Comment by
PetertheImpaler on Feb 24, 2021 7:54pm
Doesn't it say something that bonanza grades are required to rehabilitate Ed's reputation?
Comment by
Mulli15 on Feb 25, 2021 10:36am
Thanks for this! sometimes a person forgets why they are in a stock in the first place when they are frustrated with the company. This is a summary of some of the reasons I too bought.
Comment by
FredZarfloon on Feb 24, 2021 4:21pm
Look what happened to Bow, one of their flagship properties right next to Pretium. They made a lot of noise about it, then boom - It was suddenly gone - optioned off to Rotation (now Scottie).