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Strategic Minerals ADR (SMCDY)

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Last Post: 1/21/2014 10:31:01 AM - Followers: 1 - Board type: Free - Posts Today: 0

Strategic Minerals ADR

Strategic Minerals plc (AIM: SML) is a UK registered resources company focused on  development and supply of magnetite to the world's industrial markets. Quoted on the London Stock Exchange's AIM capture2market, the Company is currently developing a portfolio of production ready magnetite stockpiles that generate significant early revenues, as well as a number of significant upside iron ore exploration projects that the Company will typically progress to a JORC status.

The first of the Company's stockpile projects is the Cobre stockpile in New Mexico, USA. The Company likewise holds multiple exploration tenements across Australia, with its most advanced exploration project being the Iron Glen project in Queensland.

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