RE:RE:RE:SMD GROUPYou are correct, Strategic has to do something like selling a company in which it has a large position in or start mining somewhere and generating income. Each year shares and warrants are issued and then sold off. Old shares are sold off to get new shares and warrants. The new shares kill the value of the company as the process repeats the next year. The company faces trouble spelled-----DILUTION.
I remember Great Bear was the dumbest company exploring in the Golden Triangle---Not any more! John Kaiser once said the people behind Ossisko were to dumb to put up a website----What do websites have to do with mining? There is hope for Strategic. It is a lot like EMX Royalty (TSX:EMX) $4.21. It is a prospect generator like SMD. It has a royalty portfolio. SMD is building one. Stock positions in other companies-----SMD same.
No doubt management is planning what to do this season. I would like to see exploration on 3 or 4 prospects. If there is nothing on one---move on to the next. Selling something or mining a hot prospect while doing the above may be a good move. Mt Hinton may warrant further drilling but I don't want to see any more work there for another 3 or 4 years.