Post by
mmoital on Dec 23, 2020 2:28pm
Ridiculous market cap
The share price is now getting ridiculously low - 40m.
Shareholdings in other companies are worth 30m alone (25m in mining companies + 4/5m in Terra CO2), plus 8/9m cash in the bank.
Basically, the market is assigning ZERO value to SMDs properties.
Comment by
GoldfingerU3O8 on Dec 29, 2020 5:26am
The market is always right. SMD has has a portfolio of 120 projects available for Option or Joint Venture. As long as they are doing NOTHING with these properties, no value for these 120 projects will be assigned by the market. It is as easy as it is.
Comment by
Thales42 on Dec 29, 2020 10:07am
...and if they do something, results are pathetic, like the long coveted Mount Hinton, for example. Terra project, making CO2 free cement is the most ludicrous of them all.
Comment by
Thales42 on Dec 29, 2020 10:14am
Strategic Metals - what a ridiculous name - nor strategies no metals in this dog
Comment by
rborhi on Jan 19, 2021 6:09pm
Maybe they should spin out the shares in GGL, Precipitate, and Rokhaven to existing shareholders on a pro-rate basis. Obviously the value is not showing in SMD shares at this point. If they announce that, watch the SMD shares start to rise.