Decade Resources Breaks Out!

Decade Resources is a company that I am very high on and have talked about it as a great buy after its run to .60 cents earlier. It has lagged because of a slow news flow in August and high interest in other major discoveries this summer, but from today's trading and and breakout of its consolidation on 1M + volume it looks like this stock is ready to take a good run at least back to its late spring highs of .60.

Currently Decade is drilling 2 prospective properties, one being the Copper-Gold Porphyry discovery at the Wedeene property in Kitimat earlier this spring as well as drilling of the Bonanza grade Montrose zone on the Red Cliff property that they made last year.

Both properties are exciting discoveries and make DEC.V a very good buy in the low .30's for another good run as results of this summers drill programs at both properties come in. I reset Decade in the my public portfolio last week at .26 expecting positive results to come in and remind the market that DEC.V has excellent potential. I saw this one building steam earlier today and was going to alert at .28 but ended up playing Call of Duty with my son. :)

Happy Trading :)

Read recent posts on Decade Resources...

http://westernrookie.blogspot.com/2010/07/decade-resources-primed-to-uncover.html

http://westernrookie.blogspot.com/2010/06/decade-resources.html

Read recent past news releases here...

http://www.marketwire.com/press-release/Decade-Resources-Ltd-Drilling-Resumed-On-Wedeene-Copper-Gold-Discovery-Kitimat-British-TSX-VENTURE-DEC-1296863.htm

http://www.marketwire.com/press-release/Decade-Resources-Ltd-Drill-Mobilized-to-Test-Bonanza-Gold-Bearing-Montrose-Zone-TSX-VENTURE-DEC-1291434.htm