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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

Post by Fortunate1on Sep 03, 2020 12:06pm
263 Views
Post# 31504168

SMD selling at book value right now...

SMD selling at book value right now...At C$0.64, SMD is selling straight-up for only it's book value--i.e., the value of its cash, portfolio companies, wholly-owned property interests, and other investments, royalties, etc.

IOW, a buyer right now gets any added potential from Rockhaven, Precipitate, TerraCO2, and Mt Hinton, etc, for free!  Wow.

Some day, perhaps not even in the not too distant future, we'll look back and marvel at what SMD could have purchased for prior to the gold and silver bull markets REALLY taking off.

Cheers, F1
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