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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 Jul 04, 2020 6:26am
108 Views
Post# 31223520

RE:Boom!

RE:Boom!Buying at 50c is still a steal. Only justification for sdr low valuation was the fact that would it even survive. No money and debts. But the resource was always excellent. Now the doubt of bankruptcy is gone. Improved economics with renogiated royalty payments. Improving silver price. Money for a drilling campaign. There is no longer any justification for a discount to its peers. In fact the opposite, as sdr silver property is superior to most. 36 million ounces found from little drilling. This easily has potential to exceed 100 million ounces of silver at a low AISC!
Bullboard Posts