Strategic Resources Inc. Stock Analysis SR.V

Strategic Resources, Inc. is an exploration company, which provides metallic iron on the market to be utilized in the decarbonizing efforts of the foundry and steel producers in North America and Europe. The company is headquartered in Montreal, Quebec. The company went IPO on 2005-09-23. Its main projects are the construction-ready BlackRock Project and the Mustavaara mine. The BlackRock Project is a fully integrated, environmentally enhanced, metals and materials manufacturing project from its wholly owned vanadium and titanium bearing magnetite (VTM) deposit. The mine and concentrator portion of the Project is located approximately 700 km north of Montreal, and 20 km southeast (60 km by road) of Chibougamau, Quebec on traditional Cree lands within the James Bay Territory. The Mustavaara Project is located in north-central Finland, approximately 179 km northwest of Oulu and 650 km north of Helsinki. The company consists of three reservations totaling approximately 2,650 hectares (ha). The company also operates an iron ore pellet project (DR Grade) near available infrastructure, situated on the Port of Saguenay Industrial Development site, in the Province of Quebec.