Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Strategic Metals Ltd V.SMD

Alternate Symbol(s):  SMDZF

Strategic Metals Ltd. is a Canada-based project generator. The Company's main business activity is the acquisition, exploration and evaluation of mineral properties located in Canada. As a project generator, the Company has assembled over 100 wholly owned mineral properties in Yukon Territory, northern British Columbia and western Northwest Territories. It has over 12 royalty interests, 18 projects under option to others, and a portfolio of more than 80 wholly owned projects. Its portfolio covers a suite of metals, including gold, silver, lead, zinc, copper, tin, tungsten, vanadium and lithium, and deposit types, such as porphyry, skarn, epithermal vein, orogenic gold, sedex, carbonate replacement and others. Its deposits include Casino, Wolverine, Wellgreen, Division Mountain, Klaza, Tiger, Osiris, Golden Revenue, Blende, Carmacks Copper, Logtung, Marg, Ice and others. Its subsidiaries include Rockhaven Resources Ltd. (Rockhaven) and GGL Resources Corp. (GGL).


TSXV:SMD - Post by User

Bullboard Posts
Comment by lawnmoredanon Apr 11, 2007 11:32am
234 Views
Post# 12585748

RE: 1.88million share of MGA

RE: 1.88million share of MGAThis I know ,on www.sedar.com in a Mar/2/07 news release it states that Strategic has appox $18,000,000.00(and growing) in marketable securities of other companies at current prices.So yes, there v.mga holdings would be the lions share of that.As well they had a ca$h position around $3M. Almost 45-50% of its current marketcap is marketable securities&ca$h.It holds some 50 properties in its portfolio.Pinetree obviously see's potential here,they upped their holdings 2% to 13.8%of all shares out.This to me is a "No Brainer", thinly traded,under the radar,it would make a hell of a take over target for a bigger fish wishing to add diversity of different resources as well as $20M as good as ca$h and royalties on top of that.When this thinly traded stock gets promoted -it will catch fire!
Bullboard Posts