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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. Compania Minera holds rights to the Santo Domingo II and Nombre de Dios mining concessions, located approximately 80 kilometers northwest of Guadalajara, the capital city of the State of Jalisco, Mexico. It also holds a net smelter royalty of 0.5% on properties located in Hislop Township, Ontario.


TSXV:SDR - Post by User

Bullboard Posts
Post by rutherenyon Aug 07, 2007 1:11pm
315 Views
Post# 13209921

New Drill Rig

New Drill RigDoes anyone know what Stroud paid for the new drill rig and what will be the monthly cost or burn rate, to operate the rig? I'm concerned the money will run out before any meaningful results (i.e. a significant number of drilled holes) are released. Can they raise more money? In the meantime, I'm not prepared to average down any further, just to be diluted by another share issue.
Bullboard Posts