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SMD / Strategic Metals, project generator in Yukon


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Strategic Metals is diversified & stuffed with value - chart update to Jan.2024

SMD - straining to break above the Down channel.. & move up to over $0.30 (>1% Gdxj)

versus... 2022: 10d.  last: 0.295 +0.02 / vs.GDXJ: $31.24 = 0.94%, vs.UGL: $47.68 = 0.62%,

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SMD ... from Jan. 2018: 1/2019: 1yr: 6mo: 10d/ Last $0.41 on 3.10.22 . vs Book Value'21 of $0.54 (-19% discount)

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SMD vs. Four Key holdings .. from Jan.2020: w/silver/ Last: $0.41, GGL: $0.30, RK: $0.165, PRG: $0.205

Chart : from Oct.2020: w/SNG: 10d/ Last: 0.395 / RK: $0.135 = Ratio: r2.92

UPDATING The Multiple company charts ..

SMD, RK,etc: from Oct.'20: w/SNG: 10d:: RK: $0.065 /SMD: 0.185 = R/S Ratio: r35.1% (prev26.8%) / 1.08.24

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R/S Ratio: 30.1%: RK: $0.140 / SMD: 0.465 - that's 73.7% of RK's Book Value of $0.19, SMD: is 91.2% of $0.51 BV

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( older )

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SMD vs. Three Key holdings: atc, prg, rk ... from Jan.2020: w/SLV

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Investment Portfolio of SMD, w/o their own Gold property, & w/o their Royalties

Sym : Company :  Price: ShsOwn : MkCap : %Own: %S'MV
RK.  : Rockhaven: $.165 : 69,770k $11,512k: 33.5%:  26.3% > R/S: 40.2% x65%= 26.3% / S/R: r2.48
GGL : GGL Res.   : $.300: 16,075k: $ 4,823k: 38.9% : 11.0%
PRG : Precip. Gd : $.210: 20,391k: $ 4,282k: 19.2% :  9.79%
SNG : Silver Ran. : $.280: 15,264k: $ 4,274k: 18.7% : 9.77%
Priv. : Terra CO2 : $0.28: 15,000k: $ 4,200K: 21.9% : 9.61%
5 co : ========:  ====:  ===== : $ 29.1M : ====:  66.6%:
TUF : HoneyBadg,: $.110: 23,500k $ 2,585k: new 2.11 deal
ATC  : ATAC Res.  : $.180 : 3,900k: $   702k :
TG.   : Trifecta Gd.: $.075 : 4,906k: $   368k :
SDC : Solidus Gd.: $.120 :  1,000k: $   120k :
ADG : Arcus Dev'l : $.035 : 3,133k: $   110k :
5 co :  ========= :  ==== : ===== : $ 3,883k : =====:    8.9%
10 + : Other co’s : est. total value : $    500k :
Total: Share’Own : xx co’s: ===== :  $33.5 M : ==== >  76.6%
Cash: Per Presentation.  :  Cash   $. 9.0 M :  =====   20.6%
SMD: Strategic M: $0.41 : 106.7M: $43.7 M :  =====.  100%
====

> SMD Presentation: March 2021: YHOO Fin. Bk.Value: $0.51

> News: https://www.strategicmetalsltd.com/news/2021

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WEAKER than expected Drill results (at Mt.Hinton), hit SMD's stock price back in Nov. 2020

... and much better results, announced in mid-Jan. 2021 have been ignored

Chart: 1yr: from Mar.2020: yrH: $0.80. gdxj: $65.95 / Last: $0.39 -51%. gdxj: $48.04 -27.2%

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Since SMD has a diversity of assets, including cash, & an investment portfolio worth maybe 77% of its MarketCap - Cash now backs another 20%, and there is no debt.  So Mt Hinton has virtually zero value in the SMD share price.  How does that big drop in November, apparently on drill results at just one project, Mt. Hinton, make good sense?  I think the stock is very undervalued now.

NEWS releases promoted Mt.Hinton as a high-grade "gold & silver project" in July & Oct. 2020

"The 2020 drill program is the first large-scale diamond drill program ever done on the Mt Hinton property. The program is designed to test potential for both high-grade veins, like those historically mined from underground workings..."

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News-1: November 17, 2020 (bxr#1a: 1.47x7.13= 10.5 , 1b: x7.13= xx; #2a: 5.36x1.32= 48.9; #2b: x1.32= xx ) AG/75=AU eqv

Strategic Metals Announces Initial Drill Results from its Mt. Hinton Gold and Silver Project, Yukon

Strategic Metals Ltd. (TSX-V:SMD) ("Strategic" or "the Company") announces the first assay results from the 2020 diamond drill program at its wholly-owned Mt Hinton gold/silver project. Mt Hinton is a road accessible project located in the Keno Hill District of the Tintina Gold Belt, in central Yukon. The property lies immediately southeast of silver/lead mines on Alexco Resources' Keno Hill property, which are expected to resume production before the end of the year, and 35 km southeast of Victoria Gold's Eagle Mine, which was commissioned in June, 2020.

The 2020 program consisted of 6978 m of HQ diameter, diamond drilling in a total of 32 holes, with 24 holes in the Granite North Zone, five holes in the Southwest Zone and three holes in the Northern Structural Corridor.  The results in this release are from six holes that comprise a section line across part of the Granite North Zone (see Figures 1 and 2 attached).

The assay highlight from this section is 1.47 g/t gold and  2.41 g/t silver over 7.13 m, including 5.36 g/t gold and 7.66 g/t silver over 1.32 m, in Hole MH-20-005.

News-2: much  BETTER ! ~: January 13, 2021 (bxr#1: 4.78x12.14= 58.0 , b#2a: 6.74x7.25= 48.9; #2b: XXx7.25= xx )

Strategic Metals Ltd. Drills 6.74 g/t Gold and 186 g/t Silver Over 7.25 metres at Mt. Hinton, Yukon

Highlights from the drill program include:

  • 4.78 g/t gold over 12.14 m including 42.7 g/t gold over 0.96 m, in hole MH-20-022 (Southwest Zone);
  • 3.86 g/t gold and 182 g/t silver over 9.75 m, in hole MH-20-018 (Southwest Zone);
  • 6.74 g/t gold and 186 g/t silver over 7.25 m, including 1.77 m grading 22.7 g/t gold and 514 g/t silver, in hole MH-20-019 (Granite North Zone);
  • 17.00 g/t gold over 1.56 m, in hole MH-20-032 (Granite North Zone); and,
  • 9.57 g/t gold over 1.47 m, including 0.52 m grading 25.8 g/t gold, in hole MH-20-023 (Granite North Zone).

“Results from the Company’s maiden drill program at Mt. Hinton have successfully confirmed the presence of a large, well mineralized, precious metal system consisting of numerous quartz veins containing coarse gold.” stated Doug Eaton, President of Strategic

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Here's how SMD Adds investments

TUF / Honey Badger ... chart : news / Last: 0.13 x 34,762,104 shs = C$4.52 Million

(4.52m / 106.7M SMD shs, adds $0.042 per SMD share), like 10% of current share price

Hist?symbol=TUF&region=C

2021-03-15 13:13 C:SMD 0.39 News Release Honey Badger firms up Strategic property purchase

ONEY BADGER SILVER SIGNS DEFINITIVE AGREEMENT TO ACQUIRE 100% INTEREST IN YUKON SILVER PROPERTIES

...Honey Badger Silver has agreed to acquire 100 per cent of Strategic Metals' right, title and interest in three advanced silver-focused properties located in southeast and south-central Yukon, Canada. The agreement follows the announcement of a letter of intent between the parties regarding the acquisition (please refer to the company's news release dated Feb. 11, 2021, for more details).

The properties comprise the Plata, Groundhog and Hy, each located in proximity to major historical silver camps or workings and at such a stage as to be reasonably considered cost-effective to further advance (please refer to the company's press release of Feb. 11, 2021, for property details).

Chad Williams, chairman of Honey Badger Silver, commented: "The Yukon properties present a stellar complement to our Thunder Bay portfolio and position the company to be a top-tier silver pure play vehicle for exceptional growth."

In consideration for 100-per-cent interest in the properties, Honey Badger Silver has agreed to issue to Strategic Metals 34,762,104 common shares in the capital of Honey Badger Silver, being 19.9 per cent of the issued and outstanding common shares of the company after the closing of the previously announced unit offering for gross proceeds of $3-million (see news release dated Feb. 18, 2021), which is a condition precedent of the acquisition, and the closing of the acquisition.

The acquisition is expected to close on or before April 30, 2021

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RK / RockHaven... update : w/SMD-etc / 0.16 + 0.01 - that was early on, RK closed at 0.15

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But by the end of the day, SMD (update) had closed up 5% at $0.42, 0.02

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  • 2 weeks later...

NICE small SCORE for SMD ... on GTT/ GT Gold / Last: $3.21

Listed holding GT Gold Corp. 155,000 x $3.21= $497k  (/106.7M shs) = $0.005 per SMD share - no big deal

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Date ET Symbol Price Type Headline
2021-03-11 09:42 C:GTT 3.20 News Release GT Gold investor acquires 4.71 million shares
2021-03-11 07:46 C:GTT 3.21 SEDAR Early Warning Report SEDAR Early Warning Report
2021-03-10 07:13 C:GTT 3.21 News Release GT Gold suitor Newmont offers $3.25 per share

In this interview, Doug Easton talks about buying GTT "last fall (2019) at 75-80 cents".  Nice one!

===
SMART Investors, SMD

THE K2 PRINCIPAL FUND L.P. ACQUIRES ADDITIONAL SHARES IN GT GOLD CORP.

The K2 Principal Fund LP has acquired an additional 4,714,700 common shares in the capital of GT Gold Corp. through the facilities of the TSX Venture Exchange.  Between Jan. 16, 2021, and March 10, 2021, K2 purchased an additional 4,714,700 common shares of GT Gold at purchase prices between $2.20 and $3.20 per share for a total cost of $14,251,652.87 over the facilities of the TSX Venture Exchange.

As of Jan. 15, 2021, being the date of K2's previous early warning report, K2 owned 15,634,100 common shares, representing approximately 12 per cent of the issued and outstanding common shares of GT Gold.

==

NEWMONT TO ACQUIRE GT GOLD IN AGREED ALL-CASH TRANSACTION

GT Gold Corp. and Newmont Corp. have entered into a binding agreement, pursuant to which Newmont has agreed to acquire all of the outstanding shares of GT Gold that Newmont does not already own for $3.25 per share in cash. The total equity value pursuant to the transaction is approximately $456-million on a fully diluted basis. The transaction price represents a premium of 38 per cent to the 20-day volume-weighted average price of GT Gold's shares on the TSX-V as at March 9, 2021.

The company's flagship asset is the wholly owned, 47,500-hectare Tatogga property, located in the traditional territory of the Tahltan Nation. This is part of the highly prospective Golden Triangle region of British Columbia, Canada.

Benefits to GT Gold shareholders

  • Immediate and attractive premium for GT Gold shareholders;
  • All-cash transaction that is not subject to a financing condition;
  • Removes future dilution, commodity, development and execution risk;
  • Strong GT Gold shareholder support with voting support agreements entered with the directors and senior officers of GT Gold, Ross Beaty, The K2 Principal Fund LP and Muddy Waters LLC, representing, in aggregate, approximately 43 per cent of the outstanding shares of GT Gold.

Ashwath Mehra, executive chair of GT Gold, stated: "We are very pleased to be announcing this transaction with Newmont today, representing the execution of our plan and the culmination of significant value creation for GT Gold shareholders since the formation of the company.

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2021-04-06 14:36 C:SMD 0.445 News Release Strategic Metals options 70% interest in Hopper to Cavu

===

The road accessible Hopper property hosts copper-gold, skarn and porphyry mineralization that is associated with a Late Cretaceous (76.0plus or minus1.1 and 83.7plus or minus1.9 Ma) granodiorite pluton, informally named the Hopper Pluton. The age of the Hopper Pluton places it in the same metallogenic episode as the Patton Porphyry, which is the mineralizing pluton at Western Copper and Gold Corporation's Casino porphyry copper-gold-silver-molybdenum deposit located 190 km to the north-northwest. The Casino deposit contains 8.9 million ounces and 4.5 billion pounds in proven and probable ore reserves (mill reserves of 965.2 million tonnes grading 0.204% Cu, 0.240 g/t Au and 0.0227% Mo and heap leach reserves of 157.4 million tonnes grading 0.036% Cu and 0.292 g/t Au).

The mineralized hydrothermal system at Hopper is centered on a porphyry-style copper zone that is flanked by stacked skarn horizons. Results from the porphyry zone include 0.52% copper over 45.72 m (trench) and 0.24% copper over 39.62 m (entire length of percussion drill hole) and 0.17% copper over 162.85 m from a 2015 diamond drill hole. Results from stacked, laterally extensive skarn horizons have produced promising drill results including 1.94% copper and 0.87 g/t gold over 18.59 m (true thickness approximately 12 m). Gold-rich skarns deeper in the stratigraphic section have assayed 43.6 g/t gold over 1 m (true thickness) and 12.15 g/t gold over 2.65 m (true thickness) from intersections 360 m apart.

Terms

CAVU can earn a 70% interest in the Hopper Project by incurring expenditures totalling $5,000,000, paying Strategic a total of $700,000 cash and issuing Strategic a total of 250,000 shares, by March 31, 2025.

Technical information in this news release has been approved by Heather Burrell, P.Geo., a geologist with Archer, Cathro & Associates (1981) Limited and qualified person for the purpose of National Instrument 43-101.

CAVU... chart / Last: $0.75 - Chart is BEFORE 2:1 split

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Date ET Symbol Price Type Headline
2021-04-06 20:57 C:CAVU 0.75 Share Split Cavu Mining 2:1 share split
2021-04-06 13:23 C:CAVU 0.75 News Release Cavu Mining enters option agreement for Hopper
2021-03-29 11:09 C:CAVU 0.70 News Release Cavu Mining closes $610,000 private placement

About Strategic Metals Ltd.

Strategic is a project generator with a portfolio of more than 130 projects that are the product of over 50 years of focussed exploration and research by a team with a track record of major discoveries.

 

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UPDATING The Multiple company charts .. as of 4.15.21

SMD, RK, etc Chart : from Oct.2020: w/SNG: 10d:: RK: $0.140 / SMD: 0.465 = R/S Ratio: r30.1%

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R/S Ratio: 30.1%: RK: $0.140 / SMD: 0.465 - that's 73.7% of RK's Book Value of $0.19, SMD: is 91.2% of $0.51 BV

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==

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  • 2 weeks later...

March Webinar

Presentation: March: April-2021.pdf

TSX.V -SMD / Strategic Metals Ltd. SHARES O/S:106,370,967 OPTIONS:6,070,000 WARRANTS:13,886,915 FULLY DILUTED:126,327,882

MARKET CAPITALIZATION: $41 million

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Strategic Metals Ltd. Options Mt. Hinton Project, Yukon


Vancouver, BC – April 22, 2021 Strategic Metals Ltd. (TSX-V:SMD) ("Strategic" or "the Company") is pleased to announce that it has granted a private company, Upper Canada Mining Inc. (“UCM”), the right to earn up to a 70% interest in the Mt. Hinton Gold Project (“Hinton” or the “Property”) under a two staged option.  Mt. Hinton is a road accessible project located in the Keno Hill District of the Tintina Gold Belt, in central Yukon. The property lies immediately southeast of silver/lead mines on Alexco Resources' Keno Hill property, which have recently resumed production, and 35 km southeast of Victoria Gold's Eagle Mine, which was successfully commissioned in June, 2020.

Strategic Metals drilled 32 holes at Hinton in 2020 confirming the presence of a large, well mineralized, precious metal system.  Results of this program were announced November 17, 2020 and January 13, 2021.

First Option

UCM can earn a 50% interest in the Property by incurring expenditures totalling $10,000,000 by December 31, 2024, with a minimum of $2,000,000 to be incurred by December 31, 2022.  Strategic will be the Operator during the First Option and all expenditures are subject to a 5% management fee payable to Strategic.

Second Option

Subject to the exercise of the first option, UCM can earn a further 20% interest in the Property by paying Strategic $2,000,000 and incurring additional exploration expenditures totalling $5,000,000, on or before December 31, 2026.  UCM may satisfy up to one-half of the payment to Strategic through the issuance of shares, provided the shares are listed on a recognized Exchange.

An industry standard 50:50 Joint Venture (“JV”) will be formed upon exercise of the First Option and termination of the Second Option or a 70:30 JV will be formed upon exercise of the Second Option.

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  • 2 weeks later...

Price Grid: on Major Investments

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(Presentation) : Apr. : May2021 : Following prices at 5.21.2021

Company. Strategic Metals: Rockhaven Res.: PrecipitateGold: SilverRangeRs: GGLResources: Honey Badger :

Sym. L - H: SMD 0.345-0.80: RK.   0.09- 0.25  : Prg 0.14-0.405 : SNG 0.11-0.30 : GGL 0.07-.445: TUF 0.025-.175 :

Shares O/S: 106.37 Million :    208.04 Million :   106.20 Million :    84.31 Million :    44.95 Million :     139.8 Million  :

MKTCap :  x 0.44= $46.8 M :  0.135 = $28.1M: 0.155=$16.46M: 0.200= $16.8M: 0.180= $8.09M :  0.130= $18.2M :

SMD Pct :   100% : $46.8M : 33.5% = $9.41M: 19.9%= $3.28M: 18.7%=$3.14M: 38.9%=$3.14M: 19.9%= $3.61M = $22.58M (48%)

Opt, Wts :    6,07M, 13,87M :      41.60 Million  :

FULLY DILUTED: 126.32M :   249.64 Million  :    121.60 Million :   96.91 Million :      51.37 Million :    192.5 Million :

+ RK / Rockhaven:  Exceptional project economics at base case +20% gold price: Post-tax NPV(5%) of $540 million and an IRR of 49% at a gold price of $1.740

•100% Strategic Metals –2021 exploration at 24 projects
Rockhaven Resources–major drill program 2021 at Klaza
•Precipitate Gold –continued drilling at Ponton and Barrick Option
•GGL Resources –drill assays pending from maiden drilling at Gold Point
•Terra CO2Technologies –advancing towards commercialization
•Honey Badger Silver –2021 drilling•Additional project options and sales expected

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Rockhaven to begin 12,000M drill program at Klaza

(Kitco News) - Rockhaven Resources (TSX-V:RK) said yesterday it is plans to run a 12,000 meter drill program beginning in June.

The program will utilize two diamond drills and include 5,000 m of drilling focused on the continued conversion of resources from inferred to indicated and 7,000 m designed to expand the scope of the project by testing high priority exploration targets outside the current mineral resources.

"The 2021 work program combines the hunt for new, large-scale discoveries with continued de-risking of the Klaza Project through focused infill drilling, metallurgical test work and engineering studies," stated Matt Turner, Rockhaven's CEO.

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  • 2 weeks later...

SMD is still waiting for upwards momentum. RK drill results might help

SMD etc ... update: 10d / Last: 0.44 on 10,898 sh, RK: 0.135 on 2,500 : Ratio RK/SMD= 30.7%

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==

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PrecipitateGold: PRG / Range:  0.14-0.405 :

PRG range: 0.14-0.405 : Shares O/S: 106.20 Million : x 0.155=$16.46M: x 19.9%= $3.28M:

PRG ... 3yr: 2yr: 1yr: 6mo: 10d/ Last: $0.155

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About Precipitate Gold:

Precipitate Gold Corp. is a mineral exploration company focused on exploring and advancing its mineral property interests in the Pueblo Viejo Mining Camp and Tireo Gold Trend of the Dominican Republic. The Company is actively exploring its 100% owned Ponton and Juan de Herrera projects. The Company has entered into an Earn-In Agreement with Barrick Gold Corporation, whereby Barrick can earn a 70% interest in the Company’s Pueblo Grande Project by incurring US$10M within six years and producing a qualifying Pre-feasibility Study. Precipitate is also actively evaluating additional high-impact property acquisitions with the potential to expand the Company's portfolio and increase shareholder value, in the Dominican Republic and other favourable jurisdictions.

SNG, TUF vs AGQ ($51.69) ... 2yr: w/DEF: 10d / SNG: $0.20, R-0.38% AGQ, TUF: $0.13, R-0.25% AGQ

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==

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SMD may be getting ready to Punch thru 50 cents...

Assuming that gold prices and its share investments get some momentum

SMD ... from Jan. 2018: 1/2019: 1yr: 6mo: 10d/ Last $0.44 on 5.21.21. ... versus Book Value of $0.54 (-19% discount)

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Book Value has moved up from 51 cents, to 54 cents

Income ============= : For 2020 :  For 2019
Includes Unrealized gains 6,849,369 :  2,282,288
Owners of the Company   4,447,045 : (1,786,723)
NonControlling interests  (1,409,346):  (634,515)
==================== : 3,037,699 : (2,421,238)
Shares outstanding        :  103.0 Mn.  :  92.6 Mn
====> Per Share              :       0.04      :    (0.02) 

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  • 1 month later...

SMD and its investee co's are getting seriously trashed - Cash needs maybe?

SMD-etc ... update / Last: 0.295

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  • 1 month later...

 

About Strategic Metals Ltd.

 

Strategic is a project generator with 11 royalty interests, 8 projects under option to others, and a portfolio of more than 100 wholly owned projects that are the product of over 50 years of focussed exploration and research by a team with a track record of major discoveries. Projects available for option, joint venture or sale include drill-confirmed prospects and drill-ready targets with high-grade surface showings and/or geochemical anomalies and geophysical features that resemble those at nearby deposits.

Strategic has a current cash position of over $8 million and large shareholdings in a number of active mineral exploration companies including 38.5% of GGL Resources Corp., 33.5% of Rockhaven Resources Ltd., 19.6% of Honey Badger Silver Inc., 19.2% of Precipitate Gold Corp. and 18.1% of Silver Range Resources Ltd. All of these companies are well funded and are engaged in promising exploration projects. Strategic also owns 21.9% of Terra CO2 Technologies Holdings Inc., a private Delaware corporation which recently completed a US$9.2 million financing to advance its environmentally-friendly, cost-effective alternative to Portland cement. The current value of Strategic's stock portfolio, excluding Broden is approximately $21 million.

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UPDATE

SMD-etc ... update : Can.Port / Last: 0.320 x 106.8 shs = C$ 34 M

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About Strategic Metals Ltd.

Strategic is a project generator with 11 royalty interests, 8 projects under option to others, and a portfolio of more than 100 wholly owned projects that are the product of over 50 years of focussed exploration and research by a team with a track record of major discoveries. Projects available for option, joint venture or sale include drill-confirmed prospects and drill-ready targets with high-grade surface showings and/or geochemical anomalies and geophysical features that resemble those at nearby deposits.

Strategic has a current cash position of over $8 million and large shareholdings in a number of active mineral exploration companies including 38.5% of GGL Resources Corp., 33.5% of Rockhaven Resources Ltd., 19.6% of Honey Badger Silver Inc., 19.2% of Precipitate Gold Corp. and 18.1% of Silver Range Resources Ltd. All of these companies are well funded and are engaged in promising exploration projects. Strategic also owns 21.9% of Terra CO2 Technologies Holdings Inc., a private Delaware corporation which recently completed a US$9.2 million financing to advance its environmentally-friendly, cost-effective alternative to Portland cement. The current value of Strategic's stock portfolio, excluding Broden is approximately $21 million.

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  • 6 months later...

Strategic Metals - Red Cloud 2022 Pre-PDAC Mining Showcase

"Portfolio is worth about $32 Million" vs MarletCap of 108 Mn shs x $0.41 = C$44 Million with "Deal coming"*

==

= C$44 Million with "Deal coming"*. ... in the next month or so "will shed a light on our holdings of Critical Metals" - 8 minutes (Vanadium, Tungsten)

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UPDATING The Multiple company charts .. Ready to Breakout to higher ground?

SMD, RK, etc : from Oct.2020: w/SNG: 10d:: RK: $0.110 /SMD: 0.410 = R/S Ratio: r26.8% (prev30.1%) / 3.10.22

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Ratio: RK: $0.110 /SMD: 0.410 = R/S Ratio: r26.8% (prev30.1%) / 3.10.22

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  • 3 weeks later...

SMD has potential to breakout over $0.41.  update: 10d: / Last: $0.405 - 0.005

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RATIO:  SMD.v to UGL 0.61%

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About Strategic Metals Ltd.

Strategic is a project generator with 11 royalty interests, 8 projects under option to others, and a portfolio of more than 100 wholly owned projects that are the product of over 50 years of focused exploration and research by a team with a track record of major discoveries. Projects available for option, joint venture or sale include drill-confirmed prospects and drill-ready targets with high-grade surface showings and/or geochemical anomalies and geophysical features that resemble those at nearby deposits.

Strategic has a current cash position of $7 million and large shareholdings in several active mineral exploration companies including:

+ 33.5% of Rockhaven Resources.  :  RK.v    : $0.105: x 223.0M= $23.4M x33.5%: $7.84M
+ 38.9% of GGL Resources Corp.    :  GGL.v : $0.140: x 45.58M= $ 6.38M x38.9%: $2.48M
+ 19.6% of Honey Badger Silver       :  TUF.v  : $0.070: x 177.7M= $12.4M x19.6%: $2.44M
+ 15.7% of Precipitate Gold Corp.    :  PRG.v : $0.120: x 129.7M= $15.6M x15.7%: $2.44M
+ 18.0% of Silver Range Resources :  SNG.v : $0.160: x 84.71M= $13.6M x18.0%: $2.44M
============================: ==============: ====== : ============ :  $17.6M
+ 32.8% of Broden Mining Ltd.        :  Private: $0.????: x       xxM=          x. ???? M = $ 2.5 M
+   ???% of Terra CO2.                       :  Private: $0.50 est: Feb.'22 :           x. 15.0 M = $ 7.5 M
============================: ==============: ====== : ============ :   $28 M + $7M cash= $35M

+ 100.% of Strategic Metals.            SMD.v: $0.405: x 106.8M= $43.2M   = 81% :  $ 35M

All these companies are well funded and are engaged in promising exploration projects. Strategic also owns 15 million shares and 5 million warrants of Terra CO2 Technologies Holdings Inc., a private Delaware corporation which recently completed another large financing to advance its environmentally friendly, cost-effective alternative to Portland cement. The current value of Strategic's stock portfolio is approximately $30 million.

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  • 3 weeks later...

Strategic Metals tried and true model to managing risk in junior resource sector

Investing in juniors is risky, but Strategic Metals (TSX.V - SMD) says its generative business model limits single-asset exposure.

( has co's presentation at the end.)

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  • 3 months later...

SMD down with weak mining stocks

SMD .... update : 10d/ Last: 0.235 / Gdxj: $30.88= r-0.76%

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RATIO : SMD-to-GDXJ .... update : 10d/ Last: 0.235 / Gdxj: $30.88= r-0.76%

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Strategic Metals Ltd. Closes Fully Subscribed Private Placement - May


Vancouver, B.C. – May 19, 2022 – Strategic Metals Ltd. (TSX-V: SMD) (“Strategic” or the “Company”) announces that it has closed the non-brokered structured private placement offering (the “Offering”) announced on April 28, 2022. The Offering consisted of the sale of the following securities:

(a) 2,600,000 flow-through shares at a price of $0.60 per share, for gross proceeds of $1,560,000, (“CMETC eligible FT Shares”), that qualify for the 30% Critical Mineral Exploration Tax Credit as provided for in the Canadian federal budget of April 7, 2022; and

(b) 550,000 additional flow-through shares at $0.56 per share, for gross proceeds of $308,000, (“METC eligible FT Shares”), to fund “flow-through mining expenditures” within the meaning of section 127(9) of the Income Tax Act (Canada) that qualify for the 15% Mineral Exploration Tax Credit.

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Stock Holdings > update: https://strategicmetalsltd.com/investors/stock-holdings

Strategic has acquired shares in a number of resource companies through various sales and option agreements. It has also acquired shares by participating in private placements and by purchases on the open market.

Shares acquired through agreements, private placements and open markets as of July 1, 2022:

COMPANY NUMBER OF SHARES
Arcus Development Group Inc. 3,133,333
Aloro Mining Corp. 324,152
ATAC Resources Ltd. 747,000
Broden Mining Ltd. 4,944,444
CAVU Energy Metals Corp. 20,000
Cypress Hills Resource Corp. 25,000
Capella Minerals Ltd. 146,258
Freemont Gold Ltd. 9,166
GGL Resources Corp. 21,329,553
Midnight Sun Capital Corp. 90,000
Orestone Mining Corp. 117,647
Outback Goldfields Corp 166,666
Precipitate Gold Corp. 20,391,327
Rockhaven Resources Ltd. 81,870,212*
Silver Predator Corp. 403,400
Silver Range Resources Ltd. 15,263,673
Terra CO2 Technologies Ltd. 15,000,000
Trifecta Gold Ltd. 6,906,318
Honey Badger Silver Inc. 34,804,718
Three Valley Copper 430,000


Shares acquired through the investment fund as of July 1, 2022: Aug.3 Values

COMPANY #SHS.      : sym : price : C$Value
Arcus Development Group Inc. 70,500     :
Carlin Gold Corp. 450,000   : CGD : 0.020 : C$   9.0k
Capella Minerals Ltd. 40,000     :
Indigo Exploration Inc. 50,000
Lake Winn Resources Corp. 45,000
Norden Crown Metals Corp. 44,444
Orestone Mining 50,000
Solidus Gold Inc. 1,000,000 : ??? :

*Some portion of shareholding currently in escrow.
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SMD's Silver stocks ... 2016: 2018: 2019: update: YTD:  SMD at 8.02.22: 0.28  +0.015

TUF: 0.05 (17.9%),  SNG: 0.075 (26.8%), SPD: 0.115 (41.1%),  ...  GSVR: 0.00 (xx), SIL: us$25.32 (90.4x),

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Prospect Generators ... since 2019:

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Source: SNG Presentation

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