Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Strategic Metals Ltd V.SMD

Alternate Symbol(s):  SMDZF

Strategic Metals Ltd. is a project generator. Its business activity is the acquisition, exploration and evaluation of mineral properties located in Canada. It has about 16 royalty interests, 12 projects under option to others, and a portfolio of 83 wholly owned projects. Projects available for option, joint venture or sale include drill-confirmed prospects and drill-ready targets. It holds a 100% interest in over 80 properties covering a range of commodities and deposit types. It has precious metal projects, copper projects, zinc projects, and specialty metal projects. It has shareholdings in several active mineral exploration companies, including 31.9% of Broden Mining Ltd., 33.4% of GGL Resources Corp., 28% of Rockhaven Resources Ltd., 15.6% of Silver Range Resources Ltd and 15.6% of Precipitate Gold Corp. All these companies are engaged in exploration projects. It also has a shareholding in Terra CO2 Technologies Holdings Inc., which is developing an alternative to Portland cement.


TSXV:SMD - Post by User

Comment by angeloeton Aug 01, 2022 11:44am
235 Views
Post# 34864071

RE:Silly valuation!

RE:Silly valuation!I think the problem here is that we're in an economy where if a recession happens, then all metals consequently drop. So a lot of these property holdings, end up being non economical at lower price pointS, i mean just look t silver, everyone was expecting it to fly, and it is now sitting at 18? 19? $. So I think that we could be in for another metals winter. 

Also their Terra holding just keep getting diluted with more and more raises, so that is something to think seriously hard about.

I don't think we will see this go anywhere any time soon, But like you, I keep my fingers crossed.
<< Previous
Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities