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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 cchomon Dec 16, 2010 3:33pm
352 Views
Post# 17857977

RE: RE: RE: SPIN OFF'S?

RE: RE: RE: SPIN OFF'S?Ok that makes sense as them being founder shares!!  Now what do you think is going to be the driving force for this stock to push higher?  Simply the increase in share value of ATC, RK and Wolverine,  or are there other irons in the fire. 

I see they just optioned off another portion of there land holdings.  I mean they get up front payments but 1 million isn't going to drive this stock north. Or is this more of a long term hold waiting for those other investments to increase substantially.

Right now it seems like they are trading pretty low for the amount of shares they are holding in those other companies. 

I just want to open up the conversation regarding this stocks potential in the coming months.

Thanks
CC
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