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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 a portfolio of direct and indirect mineral property interests in Yukon Territory, northern British Columbia and western Northwest Territories. It has approximately 13 royalty interests, 14 projects under option to others, and a portfolio of 82 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 ngobeon Aug 11, 2010 1:06am
238 Views
Post# 17340137

RE: RE: RE: RE: RE: RE: RE: News!

RE: RE: RE: RE: RE: RE: RE: News!Hi hiker. Thanks for your response. I should have given you a little background as I have been an investor with SMD for about 1 yr. (and ATAC for 1.5 years) but I only recently started to post. I have not invested in SMD relatively as much partly because I find it hard for me (and also the market) to value due to its many moving / shifting parts. Lack of a good and updaed presentation also does not help this matter. As an example, earlier this year some significant spin-offs (e.g., the silver properties) were made without me (or I think even the market) realising how that benefited the shareholders. I have also noticed that some of their gold properties held through two of their subsidiaries will go public later this year (mentioned in June 24th news release) and I still do not know if current shareholders will get stocks in the new companies or what. But in any case the fact that this company is a major shareholder in ATAC gives it an anchor (as a proxy for ATAC) but I wish its enormous potential could be better realised for the shareholders / revealed to the market.

Here is a list of their 2010 drill programs I found on their website which indicates the news we may look forward to in the near future:

https://www.strategicmetalsltd.com/s/2010Drilling.asp



Best Regards
Bullboard Posts