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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 > Happy Thanksgiving !
View:
Post by Buckwheat55 on Oct 09, 2023 1:55pm

Happy Thanksgiving !

To all the Canadian DEC shareholders.
One of the many things I'm thankful for is that I was able to sell about 80% of my position in DEC for a decent profit after what I consider a slip up by the regulators for allowing the "Major Copper Discovery" news release to stand ,without some clarification. That kind of hype was closely monitored and controled and many companies were made to retract that type of "pump, hype" after the Bre-X scam many years back. 
 Anyway we all know that!
 Also I'm thankful that I wasn't the guy that paid .265 for this thing 2 months ago. Whoever you are I hope that you are able to recoup your investment/gamble.

 Good luck all!
Comment by pfaffgau on Oct 10, 2023 11:20am
Good release today.  Bornite is the key.  Waiting for release on the first holes.  A BUY!!   IMHO
Comment by Countrygent on Oct 11, 2023 3:38pm
I would doubt much money flows just because the company used the words "major discovery", without a fair amount of follow-up due diligence on the stock structure and what precisely led to the NR. And that applies even more to the PP buyers.  There were just too many holders post-rollback who aren't interested regardless of what the company says and have been dumping like you. ...more  
Comment by Buckwheat55 on Oct 11, 2023 9:13pm
Hey CG.....we all sell for different reasons. I had a fairly low average, around .09 to.095. I had a large position and felt from past experience with DEC that it was prudent to take the profit. I still hold approximately 160k shares so obviously hope they have the goods.  As for the PP holders I'm sure they did some DD, my concern is the newbees that jumped in and got caught up in the ...more  
Comment by Countrygent on Oct 12, 2023 1:16am
Couldn't agree more that individual circumstances are always a critical factor in making buying and selling decisions.   Bre-X shook up the whole exploration business for sure - putting high risk exploration assets in a separate lane from established development and working mine properties.  It may end up being the long term catalyst for some higher metals prices as old mines are ...more  
Comment by buygoldbug on Oct 12, 2023 1:43am
Buckwheat.....time to get over the NR headline. Ed is a very good geo and he sees evidence of a major discovery especially since it has the fingerprint of a redbed deposit. Can you think of a redbed deposit that was not a major discovery? I get Ed's past may not be perfect but they've got the goods this time and even a basic understanding of geology tells us we do indeed have a major ...more  
Comment by Buckwheat55 on Oct 12, 2023 9:42am
Yeah but what about the headline? :)    Okay, okay, how about this.....some people say it's the biggest major discovery of all time. It's gonna be bigger then Ghina.  Go DEC go!!!  Theres some positive vibe for you. :)
Comment by ggrellette on Oct 13, 2023 3:49pm
This is not trading like a Major Copper Discovery was found. Why, MGT, MGT, MGT has pumped their stock so often the market now realizes it. So the market is waiting on confirmation. There is an old saying that goes like this " Fool me once shame on you fool me twice or multiple times shame on me" so they wait. If it is what ED says he thinks it is then they do not care whether they buy ...more  
Comment by Buckwheat55 on Oct 13, 2023 11:32pm
Yeah GG your right , but words and meanings just don't seem to matter anymore.   Spring Summer Fall Winter is now called Climate change  Rain showers are now called Atmospheric Rivers  Violent rioting is now called peaceful protesting......well for some!  Seasonal flu is now called.........well you know.  And some showing of copper, nickle, gold, silver in a drill core ...more  
Comment by buygoldbug on Oct 14, 2023 3:19am
Lmfao, that was hilarious buckwheat,  I could not agree more!! Think you and I'll get along just fine! BTW GG is always right. He has warned in the past and been right. I really think decade has got something here for real this time and I sure hope the big boys will be buying at 25 cents and higher!
Comment by amxjavelin on Oct 14, 2023 4:23pm
You make interesting points GG   I think you might  right for a change  Time will tell if we are  all bagholders  ?
Comment by ggrellette on Oct 19, 2023 9:47am
Now looking in the rear view mirror you made a very wise decision. Congrats on taking profit. 
Comment by stanem1 on Oct 14, 2023 3:30pm
Geophysic s probably tells them how big the deposits are and ed already assayed a few sammples so he can guess the grade ,mostly 3% or less ,i predict 1%
Comment by stanem1 on Oct 16, 2023 6:35pm
RC or RAB drilling would be faster/ cheaper than core drill for up to 250 meters @50% cheaper
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