Globe
Globe says Strategic Metals worth keeping an eye on Ticker Symbol: C:SMD Globe says Strategic Metals worth keeping an eye on Strategic Metals Ltd (C:SMD) Shares Issued 87,210,351 Last Close 8/25/2015 $0.275 Wednesday August 26 2015 - In the News The Globe and Mail reports in its Wednesday edition the multiyear downdraft in the prices for metals has intensified, and the TSX Venture Exchange has fallen below its 2008 bottom. Guest columnists Benj Gallander and Ben Stadelmann write that although the environment is bleak, there are potential opportunities to be had for the brave investor. Yukon in particular have some promising mines, development projects and exploration sites. Successfully choosing companies that explore and develop resources is not easy. One Yukon candidate with reasonable odds of success is Strategic Metals (27.5 cents). Unlike most juniors, Strategic is a project generator, meaning it advances properties to a drill-ready stage and sells the projects. The enterprise has 130 properties, mostly in Yukon. This makes Strategic the largest claim holder in the territory and makes it diversified across precious, base and specialty metals. The company also has eight royalty agreements and holds positions in other junior miners. An investment in this company is essentially a bet on an experienced team of geologists and executives to find promising targets, explore and hold these claims, and manage a portfolio of properties through the cycle.