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Bullboard - Stock Discussion Forum 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... see more

TSXV:DEC - Post Discussion

Decade Resources Ltd > Round trip done?
View:
Post by Robertis1 on Jan 18, 2022 10:43am

Round trip done?

Settling at 4.5 again 
you would think these results on top of the other holes would command a market cap of 40-50 million but it's decade so they only get 11 million.  

all in my opinion

Comment by wealth2015 on Jan 18, 2022 11:08am
ok results with very high grade + E. Sprott largest reporting shareholder with no market reaction at all is questin mark for me for sure, what I'm missing here?
Comment by Backstreets on Jan 18, 2022 11:08am
Yes would concur with you, SP should be over .10 on these assays. Looks like longtime holders bailed out.
Comment by Dollarpee on Jan 18, 2022 11:20am
Hopefully, we see a reversal when the news go round! It's a great result...
Comment by watchmeplz on Jan 18, 2022 11:27am
In my opinion, every shareholder was waiting for these holes, there wasn't anything else anyone was waiting for and the waiting lasted for basically half a year or more, needed to be more news about absolutely anything, weather, sports release, during that waiting time. Shareholders need to make moves too and can't be trapped for that long, today needed to happen to recycle the people that ...more  
Comment by Backstreets on Jan 18, 2022 11:47am
watchmeptz- Your posts are right on point today.
Comment by DanGSstocks on Jan 18, 2022 5:07pm
100% agree with: "you would think these results on top of the other holes would command a market cap of 40-50 million but it's decade so they only get 11 million.", but as a new share holder, I am grateful for the opportunity take a nibble, do my DD, make up my mind on taking a serious position, only to be pleasantly surprised that I can buy it a lot cheaper.......those responsible.. ...more  
Comment by Countrygent on Jan 18, 2022 5:25pm
When the NR has very good drill intercepts and then goes on to speculate that the paper structure may not fund the desired further drilling ... what is going on?  Surely it is intended to hold back the SP ... that is a big downer to throw in. So what comes next - a PP already lined-up perhaps, but two other alternatives are a quit-claim to another company - DEC's book is a disaster at ...more  
Comment by watchmeplz on Jan 18, 2022 7:12pm
In my opinion, the wash of shares is what should of happened over the 6m period not in 1 day but everyone was waiting for these last 8 holes, should have been some substance in between to allow ppl fo exit, not just paying salaries creating more debt to wait. Everyone from the previous NRs; visible gold, ceo pp, was waiting for this so of course there's built up volume waiting to exit instead ...more  
Comment by watchmeplz on Jan 18, 2022 7:35pm
In my opinion, I would do a small financing even converts for a small batch of step out holes focusing drilling through holes 12 and 15, delineated those zones a bit more drill it like Swiss cheese early in the season knowing the numbers are going to be good, release those prior to summer (hoping snowpack doesn't prevent this). Those initial holes would give the co the push needed to do a ...more  
Comment by fourbarrels on Jan 18, 2022 8:50pm
The company needs to get acquired by a new team. Great property with high chance of hitting high grade again in 2022. Could see some offers come in given the low share price. New blood needed. IMO
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