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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
Post by stanleyon Aug 04, 2020 11:28am
214 Views
Post# 31361338

Stroud Undervalued? You Bet!

Stroud Undervalued? You Bet!Why would Eric Sprott (or his assigns) be wanting to give Stroud another $3 mln?  Maybe they saw a m ore expansive list of POSSIBLE drill targets.  Having a silver price tailwind, historically means that they can target a higher tonnage volume at a lower weighted avarage mine (head) grade.

BWDIK? What does E.Sprott believe that an Xtra 3mln would get him?

Cheers
Stanley
Bullboard Posts