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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 > Too funny we wasted all the cash without locking up a deal
View:
Post by Nickdd on May 08, 2023 4:14pm

Too funny we wasted all the cash without locking up a deal

On the land rights.

brilliant.
Comment by StrikeGold on May 09, 2023 10:51am
What you are talking about?   Locking up a "deal"?    You appear to be mixing the terms land ownership, surface rights, and the drilling rights.   The agreement to be renegotiated is for the right to mine silver from the surface.   The site has mine shaft all over the place so I imagine there is limited surface operations going on still.  ...more  
Comment by StrikeGold on May 09, 2023 11:24am
Exact wording of Sedar filing. The company needs permission from the owners for access.  True for nearly all junior explorers everywhere.   These rights need to be renewed from time to time to access the land to explore in the future.  No big deal.       Stroud holds its interest in its Santo Domingo property through its wholly owned subsidiary ...more  
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