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Bullboard - Stock Discussion Forum 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... see more

TSXV:SDR - Post Discussion

Stroud Resources Ltd > Thank you out to long suffering shareholders
View:
Post by Nickdd on Apr 24, 2022 3:36pm

Thank you out to long suffering shareholders

Results will be late 
cannot really update on time as we have no clue
but hang in there they will be out by year end for sure we promise.

we will be very excited to report them as always.

they will of course report HIGH GRADE interesections whatever that means.

as for more proven ounces
sorry we ran out of money
Comment by StrikeGold on Apr 28, 2022 5:05pm
Nickdd, if you go back and read their plans in all their prior news releases, it says in at least one of them that they will be incorporating all the results to get a new reserve estimate, so they have budgeted that part.    They also had enough extra money to drill outside the known zones and could get it done quicker.   So they didn't return great results on many of the ...more  
Comment by procuda on Apr 29, 2022 9:51am
Good response Strikegold. I don't know what the paid coward said because I put him on ignore a while back. Unfortunately there is no reasoning with paid cowards ,no matter how many crackerbox degrees he may have.
Comment by Nickdd on May 01, 2022 11:41am
Cud's Paid coward paid penny stock basher those are the full extent of what you contribute to the discourse. too funny! pps goes south after next press release unless it's to announce a sale. GO LEAFS!!!!
Comment by Nickdd on Apr 29, 2022 10:11am
Strike Management decision to do step out drilling and swing for the fences was the wrong one. Build up drill proven reserves first they had 40 mm ounce target to prove up they will not get anywhere near that. so when it's time to be taken out by gogold they will be in a poorer negotiating position. Sdr the asset is not viable on its own  not enough reserves to mine.
Comment by Nickdd on May 01, 2022 4:05pm
Strike  there are rules that govern drill proven reserves step out drilling does not cut it infill when done according to the rules will too much spent on step out needed to be 80 20 split on infill Cuds google drill proven reserves and buy yourself a dictionary to help with the big words.