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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 Feb 28, 2020 9:18pm
96 Views
Post# 30750039

RE:Possum or dead duck

RE:Possum or dead duckThey are getting permits now from Mexico. Drillig in 3 to 4 month is the plan, per Mirsad in a phone chat we had.  The drilling will focus on proving up their theory of the extensions outside of the already drilled silver veins. so they hope to hit high grades in new areas.  If they succeed in finding high grades over long intervals at these new targets, that will really get some market attention so the next financing can be done at a higher price.  Of course, that is what us long term and patient shareholders are hoping for.  So we'll see if this stock can get some strong legs in about 6 months perhaps once drilling results are announced!

Bullboard Posts