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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 gold_strikeon Sep 15, 2016 11:49pm
98 Views
Post# 25243521

Physical gold and silver

Physical gold and silverI called a gold and silver dealer I know today. He deals with large volumes and has all the statistics on buyers. He estimates that ONLY of one percent of Americans, or 1 in 200, were in the market for physical gold and silver (coins and bars) over the last 3 years, and that dealer can just barely meet the physical demand!! Additionally, there have been practically no sells to the dealers from individuals over the last 3 years. Can you imagine what will happen after a major currency crises say in the U.S. when large numbers of people want to buy precious metals? Real gold and silver will be instantly unavailable and the price of both will skyrocket overnight. One day gold and silver will be available, and the next day it won't - it could very well happen as quickly as that. Also, silver historically had been about 1/10 the gold price, although right now it's more like 1/70. Paper gold and silver markets are leveraged to the hilt which only makes it seem like there is all of this gold and silver laying around backing it, when in reality is may be nowhere to be found if more than just a fraction of owners demanded delivery.
Bullboard Posts