SMC 0.00% 49.0¢ strategic minerals corporation nl

sorry should be smc...any views, page-10

  1. 8,996 Posts.
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    re: drill results !! Bruce,
    Check out Alkanes past drilling results, all relatively shallow on private farmland, not subject to native title. They have a mine, just don't know how big. Drilling has shown thick intersections of mineralisation at decent grades. They just raised cash so have no intent to issue more equity, not yet at least. If the mine at Wyoming is good enough, debt funding will be accessible.
    Also like SED, with Newcrest joint venture in Qld.
    You are more bullish gold then I, however I do own a couple of shares in ALK and HEG(hill end gold) floats next week, small producer to be with early cash flow. So the prospectus says anyhow.

    good luck
 
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