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Stroud Resources Ltd V.SDR

Alternate Symbol(s):  SDURF

Stroud Resources Ltd. is a Canada-based international mineral exploration company with an exploration portfolio in Canada and Mexico. The Company holds its interest in its Mexican properties through its wholly owned subsidiary, Compania Minera San Diego y La Espanola S.A. de C.V. (Compania Minera), which holds prospecting and exploration permits for the properties. The Santo Domingo Project is a silver-rich, epithermal deposit and is 100% owned by the Company. The property consists of the Santo Domingo II and Nombre de Dios mining concessions in the historical Hostotipaquillo mining district. The Santo Domingo Property is located 100 kilometers (km) north of Guadalajara city in Jalisco State, Mexico.


TSXV:SDR - Post by User

Bullboard Posts
Post by tarnowon Feb 19, 2012 3:14pm
225 Views
Post# 19555965

positive

positive

Seelyn, the news on the JV with SAS is not good. However Hislop and Leckie are minor side shows. I have never been impressed with either project, but was hoping SAS might develop Hislop to provide some revenue for us. As for positives. Are you joking? Stroud is one of the most undervalued stocks on the market. It has always been about the Santo Domingo project. This is a world class silver deposit in my book, and the last two drill results have done nothing to change my mind. We have 25 million ounces, over half is measured and indicated. It is likely we have will have 40 to 50 million soon. And potentially upto 300 million. Now I believe like Sprott and Turk, etc that silver is the place to be. Our silver is valued at less than $1 an ounce. Positve enough !!!

Bullboard Posts