Sunday , 19 November 2017


The Straight Goods on Strait Minerals (TSXV:SRD)

I had the pleasure today of attending a presentation on Strait Minerals Inc.(formerly Strait Gold Inc.) which is listed on the TSXV under the symbol SRD. Strait Minerals is a mineral exploration company (copper, gold, silver, moly) with 4 properties in Peru. Below is a copy of said presentation – the straight goods – on their plans for the development of each over the coming years and their financial situation and arrangements.

By: Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!) and www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds).

Strait Minerals’ Alicia (copper/gold) site is located in Peru’s emerging copper belt south of Cusco among properties owned by the likes of Xstrata, First Quantum, HudBay, Southern Copper and Panoro. Teck Resources has a minor equity investment in Alicia currently with an option agreement to increase their ownership to 45%, 65% or 75% depending on the amount of money spent on the development of the resource over specific time periods.

For details on the Alicia project and those of the 3 other properties see their presentation here.

Charting for Last 3 Months:

Chart Image

 

Detailed Quote:

Open: 0.100 Ex-Div Date: N/A
High: 0.100 Dividend: N/A
Low: 0.095 Yield: N/A
Prev. Close: 0.100 Div. Frequency: N/A
Bid: 0.095 Total Shares: 53,862,586
Bid Size: 50 Escrow Shares: 0
Ask: 0.100 Net Shares: 53,862,586
Ask Size: 40 P/E Ratio: N/A
Market Cap: 5,116,946 P/B Ratio: 1.583
EPS: -0.02 Exchange: TSXV

 

News Headlines:

 

Who in the world is currently reading this article along with you? Click here

Price History:

 

Start:
                        End:

      Enter date to view previous 30 days of price history (mm/dd/yyyy):  

Date Open High Low Close Volume Chg % Chg
10/16/2012 0.100 0.100 0.095 0.095 29,260 -0.005 -5.00%
10/15/2012 0.115 0.115 0.090 0.100 170,000 -0.020 -16.67%
10/11/2012 0.120 0.120 0.120 0.120 38,000 0.005 4.35%
10/10/2012 0.120 0.120 0.110 0.115 95,566 0.005 4.55%
10/09/2012 0.110 0.120 0.110 0.110 16,500 -0.010 -8.33%
10/05/2012 0.120 0.120 0.095 0.120 39,400 0.000 0.00%
10/03/2012 0.120 0.120 0.120 0.120 6,000 0.000 0.00%
10/02/2012 0.120 0.120 0.120 0.120 15,000 0.005 4.35%
10/01/2012 0.125 0.125 0.115 0.115 52,500 0.005 4.55%
09/28/2012 0.120 0.120 0.110 0.110 18,600 -0.010 -8.33%
09/26/2012 0.120 0.120 0.120 0.120 2,500 0.005 4.35%
09/25/2012 0.120 0.125 0.110 0.115 72,500 -0.005 -4.17%
09/24/2012 0.120 0.120 0.120 0.120 13,000 0.010 9.09%
09/21/2012 0.120 0.120 0.110 0.110 164,766 -0.010 -8.33%
09/20/2012 0.125 0.125 0.120 0.120 47,000 -0.010 -7.69%
09/19/2012 0.125 0.130 0.120 0.130 62,375 -0.005 -3.70%
09/18/2012 0.135 0.135 0.135 0.135 2,000 0.005 3.85%
09/17/2012 0.130 0.130 0.130 0.130 118,300 0.000 0.00%
Don’t Delay!
Go here to receive Your Daily Intelligence Report with links to the latest articles posted on munKNEE.com
– It’s FREE and includes an “easy unsubscribe feature” should you decide to do so at any time
– Join the informed! 100,000+ articles are read every month at munKNEE.com
All articles are posted in edited form for the sake of clarity and brevity to ensure a fast and easy read
– Get newly posted articles delivered automatically to your inbox
Sign up here
Contact Information:
Address: 18 King Street East, Suite 1203, Toronto, ON, CA, M5C 1C4
Telephone: (416) 223-9970 Website: www.straitgold.com
Facsimile: (416) 223-4073 Email: info@straitgold.com
Fiscal Year End: 12/2011

 

Current Information of Above:

http://tmx.quotemedia.com/quote.php?qm_symbol=SRD

 Related Articles:

1. Why Copper Prices Have Increased So Dramatically Over the Last 10 Years

Copper USFS

In this infographic we explore why copper prices have increased by 4x over the course of 10 years.

2. Copper: The Nervous System of Our Society – Here’s Why

Copper USFS

Copper is one of the most widely used metals on the planet, and has been for more than 10,000 years. Today, it’s the nervous system of our society – of our cities, homes, tools and toys. The simple truth is that the western lifestyle is completely dependent on copper. Here’s why as depicted in the infographic below.

3. Unlike Gold, Bull Market in Copper to Continue for Decades – Here’s Why

golden dollar

Gold and silver continue to receive the lion’s share of press headlines and investment writers’ attention. [While] our team believes this theme will continue, there are other assets which benefit from a weak dollar, especially if a weak dollar is combined with some decent economic activity. [One such asset] is copper, a base metal that, like gold and silver, [that will] appreciate with inflation and has tremendous potential for increased demand given the theme of 2012 – economic growth. [Let me explain in some detail why we think that is the case.] Words: 1150

4. This Interactive Table of Commodity Returns Is Easy to Use – Try It

commodities

Natural resources are the building blocks of the world, essential to progress and prosperity. These commodities, like all investments, can have wide price fluctuations over time. The interactive table provided shows the ebb and flow of commodity prices over the past decade and illustrates the principle of mean reversion—the concept that returns eventually move back towards their mean or average. [Take a look.]

5. The Implications of Coming “Peak Copper” for America – and the World!

commodities

About two years ago, I looked through a BHP Billiton presentation which listed the number of years remaining for particular commodities. It was not an analysis of “peak” commodities as such, just a report on when various commodities would be completely, 100% depleted based on current usage rates and reserve assumptions. Copper in that report was determined to be scarcer than oil! [What does that mean for the future well-being of the U.S. – and the world?] Words: 1380

6. Will Copper Replace Gold as World’s “Most Valuable” Metal?

I am convinced that we are still relatively early in a secular commodity bull market. In fact, with the modernization of Chindia and numerous other less-developed nations, I expect this bull market will be one for the record books. Fundamental demand coupled with inflation will push resource prices to unimaginable heights. Words: 805