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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
Comment by gold_strikeon Dec 31, 2016 10:11pm
121 Views
Post# 25657465

RE:RE:RE:Where's The Fricking Website!

RE:RE:RE:Where's The Fricking Website!https://mexicosilvermining.wordpress.com/tag/stroud-resources/ This was in 2010. I suspect the revised 43-1010 will add substantially to those ounces. But even using the 2010 25,000,000 ounce eq. as a base, thats 8 cents an ounce of silver for Stroud, versus say 27 cents for Kootenay Silver which had 92,000,000 ounce eq. for their primary silver project in Mexico. What is true about these calculations (market cap / silver ounces) is that they do not change even in the event of a share consolidation. If I consolidation is forthcoming next year I believe it will be done in conjunction with a financing. If that's the case then we will have in early 2017 an updated 43-101, a new website, and possibly active exploration during the year which will increase investor interest. I personally don't believe that the silver price can continue to be held down indefinitely. Not only are both gold and silver at artificially low levels looking at the massive government debts around the world, but the silver to gold price ratio is near an historic low as well!
Bullboard Posts