Post by
silvereagle80 on Feb 22, 2023 1:59pm
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.