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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

Comment by gold_strikeon Nov 13, 2020 2:00pm
113 Views
Post# 31896308

RE:RE:News update

RE:RE:News updateI'm not sure how many here now were following the Stroud story back 10 or more years ago when George Coburn was the CEO.  There were setbacks then due to the declining silver price and then his ill health and passing, which pretty much left the company rudderless for several years and really knocked down the stock hard (from 20 around cents down to .005!).   

However, he was a firm beliver in the potential of this property, and well over 100 millions ounces of high grade silver I believe is likey as does Mirsad (Coburn didn't think 400 million was out of the question). 

Mirsad has done a fantastic job of getting the company back on track by getting a mirad of overhanging issues under control, streamlining assets, and in the renegotiation of deals that have benefited shareholders, not to mention the latest round of financing.  For those who have been here for years and who haven't done so, an email or phone call relaying appreciation for his efforts over the last few years are in order IMO.   

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