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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 Maxmoeon Feb 04, 2025 11:05am
157 Views
Post# 36436500

RE:RE:10 year chart....

RE:RE:10 year chart....
smallcinvestor wrote: What is the current value of these assets in a severly depressed Canadain Venture  market.



Strategic has a current cash position of approximately $1 million and large shareholdings in several active mineral exploration companies including 32.8% of Broden Mining Ltd., 33.4% of GGL Resources Corp., 28.0% of Rockhaven Resources Ltd., 16.2% of Silver Range Resources Ltd, and 15.6% of Precipitate Gold Corp. All these companies are engaged in promising exploration projects. Strategic also owns 15 million shares of Terra CO2 Technologies Holdings Inc. ("Terra"), a private Delaware corporation developing a cost-effective alternative to Portland cement, which was recently selected as a recipient of US$52.6 million in non-dilutive funding from the Department of Energy Manufacturing & Energy Supply Chains Office to establish a new manufacturing facility to produce an innovative high-performing Supplementary Cementitious Material in Magna, Utah, USA.

Problem isn't the value of the assets. It's much higher than the current stock price. Problem is when, how, and importantly IF any , ANY, of that value dribbles off the table to bag holders. 
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