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Kwantes says why to buy sponsor Strategic Metals

2016-12-02 21:41 ET - In the News

James Kwantes, in the Nov. 2, 2016, edition of Resource Opportunities, tells readers why to buy Strategic Metals Ltd., recently 62 cents. Strategic is a sponsor of the newsletter. Mr. Kwantes said buy Strategic on Sept. 22, 2015, at 27.5 cents and on April 30, 2016, at 45 cents. A $1,000 investment for each of the two buys is now worth $3,631. Strategic is a self-described prospect generator, although Mr. Kwantes sees "Yukon-focused investment fund" as an equally good descriptor. The company is the largest owner of claims in the territory and drilled four of its most promising prospects this year. One of the prospects, Salloon, recently saw the first assay results arrive. The single hole drilled at Salloon intersected 128.36 grams per tonne silver and 0.4 per cent copper over 30.23 metres, including 81.87 g/t silver and 1.01 per cent copper over 10.53 metres. Results from three other prospects, Hartless Joe, Hopper and Mars, are pending. In addition to its property claims, Strategic owns interests in various exploration companies, such as Rockhaven Resources, Atac Resources and Precipitate Gold. Mr. Kwantes reckons that Strategic is "severely" undervalued and will benefit greatly if gold prices rise in 2017.

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