OTCPK:MAUXF - Post by User
Post by
theghost707on Jan 31, 2012 10:00pm
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Post# 19472193
over 300 million ounces and debt free
over 300 million ounces and debt free Stroud Resources Ltd. (SDR) is a Canadian public company listed on the TSX Venture Exchange. The Company is debt free and has yearly cash flow of approximately $200,000 from its 3.75% interest in six natural gas and gas condensate wells. Stroud has two gold properties in Ontario Canada, and a silver project in Mexico. Stroud's Hislop gold project located in Timmins Ontario is 100% owned with indicated resources of 102,750 oz. Au and inferred resources of 69,700 oz. au. The Santo Domingo Silver project based in Mexico is also 100% owned by Stroud. Previous workings, sampling and drilling done on the property give preliminary indications that Santo Domingo is a large silver target with geology, structure, and size similar to two major producers Fresnillo (400 million ounces silver) and the state of Zacatecas where over 800 million ounces of silver have been produced. Stroud's Leckie gold project is, 100% owned, located in Temagami Ontario and is an attractive target for joint venturing.
Stroud Resources and the company is severly undervalued and pine tree capital is the majour holder of 20million shares.
SDR.V at 0.08 cents