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Strategic Resources Inc V.SR

Alternate Symbol(s):  SCCFF

Strategic Resources Inc. is a Canada-based critical mineral exploration and development company focused on high-purity iron and vanadium projects in Canada and Finland. It is developing its flagship BlackRock Project, which is a fully permitted and ready to construct mine, concentrator and metallurgical facility located at a seaport in Quebec with full access to the St. Lawrence Seaway. BlackRock Project is a fully integrated, environmentally enhanced, metals and materials manufacturing project from its vanadium and titanium bearing magnetite (VTM) deposit. The Pellet Project will be located on its existing leased area at the Federal Port of Saguenay. The Pellet Project will focus on direct reduction (DR) grade pellet feed that will be used in the green steel industry and is the only greenfield advanced development project of its kind in Canada. Its Mustavaara Project is located in north-central Finland, over 179 kilometers (km) northwest of Oulu and 650 km north of Helsinki.


TSXV:SR - Post by User

Bullboard Posts
Post by SevenMon Dec 28, 2011 10:37am
402 Views
Post# 19354122

STI Q3 MD&A Highlights...

STI Q3 MD&A Highlights...

From the Q3 MD&A ( https://www.strategicresourcesinc.ca/documents/Q3mda.pdf )

Gallinas Mtns - in Q3 the decision to seek a jv partner was made however there has been no serious interest because "...(of) the fragile state of the junior resource sector of the markets".

Lemitar Mtns - discontinued after drilling a single hole in Q1 2011.

Malheur County, Oregon Lithium - discontinued after supposedly finding some discouraging information related to the property in "...a very obscure British scienfic journal".

Datil Mtns JV - STI has decided to exit this uranium jv due to "...the negative sentiments surrounding uranium...".

Graphite - nothing happening with their small BC prospect and apparently we've staked some small prospects in Quebec. Graphite could be the next ree-like bubble but I'm doubting this company has anything economic otherwise they would be developing it)

I'd like to stay positive here but this total lack of performance doesn't look good to me and it's no wonder we're sitting around 0.03. If anyone can put a believable positive spin on this it would be much appreciated! Lol...

Seven.

Bullboard Posts