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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
Post by donlightson Nov 30, 2010 10:40pm
558 Views
Post# 17780973

Book Value will exceed 2.75

Book Value will exceed 2.75V.ATC

Have been hanging in for the last 3 months, good average price in themoney. I think the news is good and sets a fine tone for the SP goingforward. Not a one hit wonder, they really have hit a large load, morenews to come in the following weeks. However this was good news as wecan all agree, it was not great news... Great programme of drilling inthe coming year, to confirm results. I am sure the news will bepositive. Great management, Loooooots of land mass, it will be big.

I'mout by Thursday. Everything we have posted has come true. News is good,already built into the shareprice, a little dip , then uptick I've beenwaiting for this NR, very happy to see that we won't TANK still think15-20% gain, small downside of 5-10%  then more news 5-10%, dead untilend March. Then we can see the blue sky.

SMD has a larger play with more options, should ATC hit 8.00$ we are at 2.75 value. add .25 cents  per dollar of increase. (Just a guide line) alot has been built into the price of ATC in the recent weeks. It has hit a high of 9.00$ it may touch past this level in the coming two day. It is good news, not great. I would see 3.00 level by Thursday.

This week Still in ; RVX, SMD (Keeping, more upside to follow, different play), SWI, PSR, TAO, TAO.wt, EDR, EDR.wt.
Bullboard Posts

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