Strategic Minerals ADR (SMCDY)

[Fatboy46]

I see no evidence thus far it actually is trading here yet. I do believe it’s in transition and will be in the near future. I am getting the impression that perhaps they're using a merge or seeking an existing shell, too solidify an active listing on the usotc: market. I actualy seem to remember a TSX listing which was delisted with a company similar in name(around 2009), I'll be doing some digging. Just a gut feeling I have at this point though.

Strategic Minerals Plc is a United Kingdom-based mineral exploration and development company. The Company is a holding company of an Australian-based subsidiary owning a permit for the exploration of minerals over a tenement of 2,100 hectares in Queensland, Australia. The Company is focused primarily on iron ore and has been exploring the tenement, since June 2010. In October 2010, a preliminary drilling program was completed. The Company's exploration is focused primarily on magnetite deposit. In September 2011, it acquired Ebony Iron Pty Ltd (Ebony).

Regards,