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Portex Minerals Inc STACF

Strategic Resources is a Canada based development company focused on vanadium, high purity iron & titanium, metals necessary for decarbonizing the global economy. The company¿s key projects are the construction ready BlackRock project in Quebec & the past producing Mustavaara mine in Finland. Strategic is working to secure a financing package to commence construction on the BlackRock project. Orion Mine Finance and Investissement Québec, both 41% shareholders of Strategic will form a key part of the planned financing package.


GREY:STACF - Post by User

Bullboard Posts
Comment by Geckomeisteron Jan 11, 2007 10:09am
228 Views
Post# 11993651

RE: A Question

RE: A QuestionYeah man, I want full value. I was just thinking, you know that 20% of in situ that Voisey's Bay went for? Well, wouldn't that put us at a $160.00 share price? And that's not even counting the other 85% of Selwyn that hasn't even been drilled yet. OK, this may be even too much for even you guys, but establishing a 43-101 for the full 100% of the property, assuming the grades are comparable to what we have already, that would result in a share price of $1072.00! Of course there would be some dilution as we go forward...
Bullboard Posts