Strategic Metals Ltd V.SMD

Alternate Symbol(s): SMDZF

Metals & Mining Industrial Metals & Minerals

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).

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Strategic Metals Ltd

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Comment by zentrarianNZon May 23, 2017 3:57am

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Post# 26271689

RE:RE:Strategic Metals marks May 31 as spinout record date

That's how I look at TG as well, Heywood, as a virtually free dividend.

Although these properties may ultimately turn out to have a great deal of value, they are currently valued (along with most of SMD's non-cash, non-equity assets) at exactly bupkis.

Since zero from zero is zero, I wouldn't expect any noticable depreciation in SMD's sp when they are spun out. On the contrary, it might even gain the company some much-needed attention.

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