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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 11, 2010 6:43pm
385 Views
Post# 17437768

RE: buy out price

RE: buy out priceGood post.  I always remember Olian saying in interviews that he wanted to slowly build true shareholder value rather than raise the share price by hype.  But I think he has failed to take advantage of the optimal gold market conditions, especially once the alluvial potential came into play. This company should have been promoted more aggressively this past year, no doubt about it.  However, I agree with you that he will allow someone to steal the company. In the end, it is really up to the shareholders, I'm just hoping that there are enough of them (like me) who have invested at $1.50 or above (I'm averaged at $1.85 myself) and will reject low ball offers...
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