Strategic Minerals Share Discussion Threads

[mikeroot5] 10/4/2017 11:15

Decent coverage today, the RNS was covered in the Penny Stock Post this morning. Positive analysis in there.

buff.ly/2op6rjY

[mikeroot5] 10/4/2017 11:15

Decent coverage today, the RNS was covered in the Penny Stock Post this morning. Positive analysis in there.

hxxp://buff.ly/2op6rjY

[wisteria2] 10/4/2017 07:53

Gosh!!incredible how the rabbits keep being pulled...Looking very good again!!GLA HOLDERS

[bibs] 06/4/2017 17:07

ISAs being loaded up today.

[trapissed monk] 03/4/2017 08:45

Hopped in @ 1p area.just a trade...maybe!

[bibs] 01/4/2017 17:44

20 million mkt cap now on the horizon?

[bibs] 18/3/2017 20:08

Take a look at our 1 year share chart, poised for something positive?

[mhin2] 16/3/2017 14:20

is order filling taking place here....dropped price but offered me slightly more to sell!

[area44] 15/3/2017 15:21

SML will most likely make a profit for 2017 even without the new contract with GIC.

It's win every way.

[mhin2] 15/3/2017 13:55

what a refreshing interview



a couple of director buys will light the fuse while we wait news

[zico01] 14/3/2017 22:24

Bought this afternoon expecting a significant re- rate from these levels.

[area44] 14/3/2017 21:24

LSE guys are looking for this company:


hxxps://www.companiescolorado.com/company/20051215980/galvin-investment-company-llc

[area44] 14/3/2017 13:05

This is the fourth consecutive stock in which I've made a good profit.

I traded JPR,AAU,and THR - made £9,400,and it all went into SML yesterday.

I should have waited until today for a lower price,but the selling today is just short term traders,and will most likely pick up as we get closer to the results.The news of a maiden profit should make it fly.

It's a strange thing,but of all the time I spend researching the AIM market,I have never realised that there was a stock like SML.

It is producing cash to run the company,and I never actually spotted that.

It's a rare thing on AIM,and won't need to raise any cash by dilution.

This company has a very good team at the helm.

[cl0ckw0rk0range] 13/3/2017 23:14

Told you it was in the buy zone. Plenty more to come as well.

[tidy 2] 13/3/2017 15:31

Strategic Minerals Signs Deal Which Doubles Annual Sales From CobreSource: Alliance NewsStrategic Minerals PLC on Monday said it has won a contract to sell up to 350,000 tonnes of magnetite at a market-based price to Galvin...

[master rsi] 13/3/2017 12:47

Ready for a BREAKOUT today or tomorrow


------------------
Strategic Minerals' Cornish exploration adds to attractive mix, says broker
Share - 16:10 10 Mar 2017

A punchy 1.31p price target could rise if a drilling programme in Cornwall is a success.

SP Angel has started coverage of junior miner Strategic Minerals PLC (LON:SML) with a punchy 1.31p price target, which could rise if a drilling programme in Cornwall is a success.

The broker says that Strategic is unusual for a junior in that cashflow from its tailings operation at Cobre New Mexico is sufficient to cover corporate costs while allowing it to explore new projects.

“The portfolio of both Australian nickel/cobalt and Cornish tin projects further diversifies the company’s risk profile from both a commodity and geographical perspective.

“The forthcoming drilling programme in Cornwall seeks to extend the vertical and lateral extent of the known deposit at Redmoor [tin and tungsten] and to upgrade the resource estimate from its current inferred status.

“A successful outcome to this programme provides potential uplift to our base case value estimate of £16.0m.”

Shares were up a touch to 0.76p.

[master rsi] 13/3/2017 12:21

And what a news ............

1.05p +0.30p (+40.00%)

Substantial New Client at Cobre

Strategic Minerals PLC (AIM: SML; USOTC; SMCDY), the diversified mineral production and development company, is pleased to announce that its subsidiary Southern Minerals Group ("SMG"), the operator of the Cobre magnetite stockpile, signed a contract on Friday 10 March with a private company, Galvin Investment Company ("GIC") for the sale of up to 350,000 tons of magnetite at a market based price over several years, subject to availability.
Before the contract becomes effective, GIC must provide a US $100,000 Letter of Credit from an acceptable bank. The contract calls for a minimum purchase of 2,000 tons per month and logistics at the mine site would result in a maximum supply, above existing client demand, of 6,000 tons per month. This would effectively double annual sales from Cobre, which is likely to be achieved without affecting SMG's effective net profit margin of between 40% to 45% of sales revenue. The contract will terminate if, at any time, SMG loses access to the magnetite stockpile.

Commenting, John Peters, Managing Director of Strategic Minerals, said:

"While we are delighted with the prospect of undertaking this contract with Galvin Investment Company, the Board wishes to emphasise the need to temper expectations and for caution to be applied until the security Letter of Credit is provided and sales commence. This process may take up to 30 days before the contract would effectively commence. We will update the market as soon as the contract comes into effect."

[bibs] 03/3/2017 10:50

Wow, there's confidence - 4% stake.Don't do that on a whim do you?

[miss young] 28/2/2017 12:51

Lol - you are not alone cautoussid!!! Keep it coming........

[cautoussid] 28/2/2017 12:37

FULL ASK NOW PAID 1,05 NOW PAID ,NICE BUYING PRESSURE NOT EASY FOR MMS IF THEY RUNNING LOW ON AVAILABLE SHARES IN FREE FLOAT

[cautoussid] 28/2/2017 12:35

605 ,000 share buy at 1,03 , like the buys coming in

[cautoussid] 28/2/2017 12:32

now up 26% blue

[cautoussid] 28/2/2017 12:31

like how the number of buys moving share price up more