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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

Post by silvereagle80on Feb 22, 2023 1:59pm
417 Views
Post# 35298881

SMD Strategic Metals, Inc Deserves another Look

SMD Strategic Metals, Inc Deserves another Look The Company is a project generator.   The Company has done a good job of creating assets but the stock market doesn't usually establish a value until the cash value is determined.

The value of Terra CO2 project = SMD's market cap.

Broden Mining's portion of all stages (inferred, indicated etc) of the resources (gold, silver, copper, lead) is $50.00 per share.    

9 stocks that they own 10-35% of the company 

12 royalty positions in companies they owned.

90 wholly owned projects ready for sale, option or partnership  

The Board has authorized the repurchase 8.4 million shares of stock (10% of o/s float). at the committee's discretion  The purchase of low priced  shares would help set a bottom floor for the stock and reduce the number of shares o/s..

Insiders have been a buyer of shares.

Significant further development of the CO2 Project and the Broden Mining Project should enhance the price of this stock.  Keep your eyes on this $.20 stock.   It was almost a $3.00 stock 20 years ago.    This is why many of the shareholders call it a silly valuation.


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