Decade Resources Ltd V.DEC

News of visible gold....................

[ggrellette]

No longer moves this stock or any other stock. Visible gold is just a promotion tool and it has been overly used so often especially here that nobody even flinches when they read it.

[NamesJeb]

May not move the stock price, however visible gold is not all that common surprisingly. With assay backlogs it's really all that can be reported on for the time being.

[watchmeplz]

To be completely honest, where do we go from here? I'm sure a financing will be needed at the end of this and so many people are on the sidelines waiting to move. Unless the results are NFG type holes with long course gold even a decently good hole isn't going to move the needle these days, so then what? There's no motivation of what's next, just sit and wait for these few holes

[NamesJeb]

That's more a question for the entire junior mining industry. Doubt any juniors will truly explode regardless of incredible results, unless the POG starts rising and brings renewed interest to the industry. Or until bitcoin stops distracting from the gold industry as some sort of magical fairy hedge against inflation and finally goes to its true intrinsic value of 0.

[ggrellette]

I would agree with the post especially the comment on the intrinsic value of Bitcoin which is ZERO. That is going to end badly for many once the market realizes its Cartel money that moves the stock up and down. Right now the cartel is pouring their money in to clean it. Sadly the USA market is made up of GREED and even the chiness figure it out but not the Americans and when this ends the

[watchmeplz]

I wouldn't say the whole industry is struggling for investment, look at nfg, they have no problem raising funds and historically speaking were close to an all time high for price of gold. Juniors need to be constantly selling and telling a story, we haven't heard a story other than wait for these holes, sure banking a lot on these results is all I gotta say and if they are not nfg grade or

[GenHandgrenade]

I think the closer comparison is the Eskay Creek find 20 or so years ago. They drilled and drilled and finally hit it big. The assays on these holes may be the ones to finally blast this one off. Visible native silver and gold is a good portent for the future. As for drilling money they just closed a PP for a raise aggregate gross proceeds of $841,250. So it looks like they won't need