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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 Mar 11, 2019 4:48pm
99 Views
Post# 29470052

RE:RE:Article clip

RE:RE:Article clipYes, a share consolidation is coming.    But if they can raise around $1,000,000 and get a good exploration program going, the market cap can still be under $5,000,000 with say 30,000,000 shares.   If they can then substantially increase their resources again after the next round of drilling, that will really garner market attention and share appreciation because buyers will see other companies with the same resources and grades valued at $30,000,000 or higher.   That’s the future news release we all are hoping for.    Normally waiting to buy after a consolidation is the rule, but with the likely increase in silver prices at any time (IMO) and possible funding and exploration news, I’m not going to sell below two cents at this point and then wait to see what happens.   I had sold a very few shares at .015 a month or so ago, but have already bought them all back with the announcement of the CEO.   
 

Bullboard Posts