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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 tarnowon Sep 12, 2019 9:44am
67 Views
Post# 30119427

RE:RE:Still Dropping

RE:RE:Still DroppingThanks for your concern. Of course there will need to be future fundraising. It is an explorer with no income. But the fundraising will be done at a much higher price so the dilution will be much less. I say this with confidence because we are in a new bull market for silver. This changes everything. The last 6 years have been brutal and at least sdr is still around and has 100% of the property still. The end game for all explorers should be to sell to a major who will actually mine. To do this all sdr needs to do is increase resources and prove economic viability. This fundraising will be a great start. As for court cases. Sprott just invested knowing all this and that is confidence enough for me.
Bullboard Posts