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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 Sep 09, 2010 10:11pm
541 Views
Post# 17432146

RE: RE:RE:RE:RE: Mystery

RE: RE:RE:RE:RE: MysteryThis is a company that is on the verge of becoming a gold producer, in a stable country, with 9 potential hard rock mineral zones and a low share float.  I don't think Olian is going to give this company away...

Pan African was initially bought for $4.00 per share (or 87% on top of 20 day average)...later increased to $4.50. If the SCM share price keeps at today's levels while negotiations continue, we are looking at $2.50 for sure.

Pan african was nowhere near being a producer when it was taken out. Whoever buys SCM is going to have virtually instant cash flow...
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