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Bullboard - Stock Discussion Forum 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... see more

TSXV:SMD - Post Discussion

Strategic Metals Ltd > SMD GROUP
View:
Post by desertmule on Jan 17, 2021 10:02pm

SMD GROUP

I've been a big supporter of this group for close to 10 years. I believe they are a respectable group, but they better pull a rabbit out of their hat pretty soon .... it's time to make some money or adios! For example the MT. Hinton property was pumped pretty hard...I listened to all the videos ... am not impressed.... RK at $.18 says the market isn't impressed either ... what's wrong with plus$1800. gold!
Comment by rborhi on Jan 19, 2021 6:15pm
Based on the samples they had at Hinton, I expected much better drill results.  Why such high grade samples at surface and not showing up in drill results?  Though as a first drill program at least they got some hits, as the NR said, more drilling is warranted and there are other targets.  Maybe expectations were too high for the first drill program? There are still multiple ...more  
Comment by idleintruder on Jan 26, 2021 3:12am
desertmule:  I, too, am a long-term shareholder.  It's difficult and disappointing to watch RK and SMD lag the market for years but I just finished checking the chart of Great Bear Resources.  For nearly 10 years, it was flat; then it took off--in the $14 range now.  This is simply our junior market.  Success demands conviction and enormous patience.  Good luck.
Comment by initto on Jan 26, 2021 1:54pm
When the last time that SMD turned one of their properties into a mine thats the problem They need to sell or start mining one of their properties to gain some real value.Hopefully soon.
Comment by MisterMarket on Jan 29, 2021 1:34pm
You are correct, Strategic has to do something like selling a company in which it has a large position in or start mining somewhere and generating income.  Each year shares and warrants are issued and then sold off.  Old shares are sold off to get new shares and warrants.  The new shares kill the value of the company as the process repeats the next year.  The company faces ...more  
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