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Steadright Critical Minerals Inc V.SCM


Primary Symbol: C.SCM

Steadright Critical Minerals Inc. is a mineral exploration company. The Company is engaged in exploration and evaluation of mineral properties. The Company holds an option on its RAM property near Port Cartier, Quebec within the Cote-Nord Region, which is accessible by route 138. The RAM project consists of over 13,000 acres and is located on an Anorthositic complex that is in a highly prospective geological unit, which is underexplored for nickel, copper, cobalt and precious metals. The Anorthositic complex consists of anorthosite, leuconorite, and leucotroctolite assemblages at its center, surrounded by a leuconorite, pegmatitic norite, and anorthosite unit. The RAM Property is roughly 29 km southwest of Port-Cartier, Quebec. It also owns a 100% undivided interest in the Saint Gabriel Project, which consists of Silica-based claims in the Bas-Saint-Laurent Region, Quebec, Canada. It also has a 100% interest in the Trout Lake Silica Claims, covering over 53 mineral claims in Ontario.


CSE:SCM - Post by User

Comment by poservon Nov 12, 2008 8:39am
417 Views
Post# 15580300

Bollocks 4 freedom!!!!!

Bollocks 4 freedom!!!!!bollocks 4freedom,,,,,,,,,,no option should be re-settable it's called MOVING THE GOAL POSTS and it is most unfair to all shareholders.
Why not just issue new options instead of re-setting the old ones ?
I understand that primary offerings of this type create necessary cash flow for the company but it's very damaging to the company's image/profile look at Jones soda (jsda) for an example of a growth company with a declining sp why? same issues as scm! a board who seek to line their own pockets in unfair ways!
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