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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 cajoneson Jun 16, 2010 5:43pm
426 Views
Post# 17195588

RE: RE: More hard rock results

RE: RE: More hard rock resultsIt seems like the market is treating these results, as with the previous results, as neither good nor bad, but neutral.

What I noticed was absent from the past 2 hard rock releases was any indication of next steps or future plans for drilling. It would be really nice to hear what they plan to do moving forward - I fear that there either isn't a plan or whatever plan they did have is in disarray. When they announced the drilling program in October 2009, they talked about a rotating drilling program starting with 2500m drilling on Zone 9, then drilling to expand Zone 1, then phase II drlling of Zone 2.  We got no results from Zone 9 and nothing more has been said about Zone 2.

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