Stroud Resources Ltd V.SDR

Stroud Santo Domingo Property History

[stanley]

For those looking to see the desktop research that could possibly have attracted the attention of an iconic silver guru, as he did his due diligence:

SEDAR: June 3 2003, other, PDF 8092K, 

https://www.sedar.com/GetFile.do?lang=EN&docClass=13&issuerNo=00009202&issuerType=03&projectNo=00548264&docId=1071721

For those who like Plans & Sections, pages 40+ show that a targeted drilling program designed to confirm and/or expand the resource compliant with current NI 43-101 standards will have the benefit of comprenhensive/historical geological and production data when compared to those doing "green fields" studies.

Other SEDAR posting(s) suggests that the historical creditors (cited by others on this board) may be comfortable with the "game plan" of the new majority shareholder; enough so to agree to take rolled back shares as the best option to recover their investment. One fun calc is, assuming that the drilling resrults are positive, at what price would the creditors recoup their monies c\w a 20% premium?

Thanks to the recent posters for presenting their "blue sky" as it presents some areas to do further DD in what appears to be a precious metals resurgence.

BWDIK - DYODD
Cheers
Stanley