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I am not Doug Peters, but I am excited to work with him on the VN project. His knowledge coupled with his partner in Arnevut Resources (Hassan Alief) will add significant strength to the company.
Sidedraft, Mr. Eade has very little to do with the company. He is not even a director nor does he prepare ANY financials. Notice the team, they all have been in the industry for a long time and most come from a production background and are in this for the long haul. Lets keep to facts please. Any serious questions are welcomed.
Dryice, understandable about the quotes, it has taken a lot more time getting all the tailing samples out of VN with their export regulations. Notice the latest releases about the addition to the team. The company is moving forward. It has been difficult with the financing but watch upcoming releases. Also, nothing happens as fast as we would like in this industry. Your opinions are always welcome by myself.
Thanks and watch the website also. We are moving to a new stage..
I am not boycotting. I have been very busy putting things together for the board. Some very positive reports are in the works. I am not privy to the dates, but should be very soon. That is up to the board. I will try to keep you updated as the law permits. Thanks for the support....
News will be out soon on the latest results.
There is a lot of positive news to come out. The new pres. is still getting familiar and up to speed. I wish I could say more; however, my relationship with the company changed a few months ago so I could devote more time to the projects on a full time basis.
All new Press Releases should be going out within 1 week. I am not as privy to info as I used to be, however things are moving forward.
That will be addressed in an upcoming PR
The company is in the process of sending more samples from the Dong Thang mine to Arrakis Labs in Colorado for more test runs on sulfide ore. Hopefully the financing from Germany will come through in the next few weeks. Also Arnevut Resources will be updating the 43-101 to include Red Rock Geo's report.
Sorry for the delay. I was instructed that I am not allowed to discuss anything that has not been made public via PR's. Here is a link to the Asia Miner Magazine and a recent article under the Vietnam Section for SMNG.
http://www.asiaminer.com/magazine/images/stories/pdf/TAM-Jul-Aug-11-de.pdf
What do you want to know?
Todd Sterck
Pres. VN Operations
Strategic Miningcorp (SMNG) Enters Formal Negotiations to Acquire Interest in Currently Producing Northern Vietnamese Gold Mine
The company anticipates the Dong Thanh gold property could achieve gold production of 20,000 ounces annually in the first yearthrough low-cost improvements in mining mechanization and processing.
NEW YORK, NEW YORK, Feb 11, 2011 (Marketwire via COMTEX) -- Strategic Mining Corporation (PINK SHEETS:SMNG), a gold mining company focused production in northern Vietnam, announced today that it has entered formal negotiationswith the government of Vietnam to acquire a 40% interest in the Dong Thanh gold property.
The company anticipates Dong Thanh could achieve gold production of 20,000 ounces annually in the first year through low-cost improvements in mining mechanization and processing.
This prospective acquisition is strategically aligned with the Company's business model of acquiring underperforming near-term and in-production gold properties in close proximity to one another in order to efficiently target known deposits and benefit from economies of scale.
Don Thanh is currently producing gold, but the project is underperforming due to its use of out-dated mining technologies.
The site is located just 7 kilometers north of Strategic Mining's Nat Son gold property, which is about 50 kilometers south west of Hanoi.
According to a geological report written by consulting geologist Robert Marvin, both projects are situated on the same gold-bearing trend.
"We are extremely excitedto have begun formal negotiations with the Vietnamese government towards acquiringan ownership interest in Don Thanh," said Strategic Mining President Todd Sterck. "The project is already producing gold, and we expect to be able to significantly increase output though modest investments in modern technology and processes. We anticipate that our acquisition of the property will increase our company's value and raiseshareholder earnings in the both short term and long term."
In early January 2011, Mr. Sterck conducted a site tour of Don Thanh at the invitation of the Vietnamese government
Field report will be published tomorrow.
The LF70 diamond core angular dill is on the water to Hai Phong.
Looks like better days ahead.
Geological reports are on their website.
Eastwind Research Initiates Coverage on: Strategic Mining Corp, Ford, SiriusXM, Bank of America, Citigroup Inc., Intel and Sprint Nextel. Link Below
http://hosted.verticalresponse.com/749461/dbe2338ccf/1324023921/712f8e1bc0/
Antman,
Please feel free to contact the company. We will gladly answer any questions you have.
Ludlow Capital Issues A Near-Term Valuation Target of $0.12 to $0.14 per share on SMNG
http://www.stockmarketweekly.com/newsletters/1850-if-you-like-mining-symbols%20-smng-could-make-your-day%20/
Lots of private buyers interested. We are working on some bigger buyers now that we have moved up in tiers.
Going BB in 30 Days. Hope it will pick up!
Who keeps putting the bid in at .03? WTF over.
Why such low volume on this stock? Anyone?
I think the IBOX is out of date compared to their website.
Since this board stated we should keep topics to SGCP, Your question will be answered in upcoming news releases for SMNG.
President Exploration Division / Director
I know for a fact Doug was not a part of the confusing News Release. I gave Ba Dinh Minerals approval for the news release since Strategic can not make a news release without Ba Dinh's approval first in regards to our Vietnamese mining operations. Apparently Globenews confused accounts and thought Doug was still with GC (Strategic) and accidentally put it under SGCP since his name was tied to both at one time.
It was a typo by Globenewswire. Doug is not part of Strategic he is now solely with SG. Strategic is currently changing all personnel to be geared for production on advanced stage properties they will be bringing into their portfolio.
I think there was a mistake in a news release about the name change early on. It is Strategic Mining Corp. but the board here says Strategic Mining Group like an old news release.
SMC seems to have a new website being constructed and it appears to be getting updated more everyday. Gives a glimps of whats going on anyway. www.strategicminingcorp.com
Good idea to hold. SMC has some outstanding projects they are bringing into the company.
Watch closely, I know this will take off soon.