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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 touaregon Mar 08, 2021 4:19am
189 Views
Post# 32741117

RE:Excuse one more pump before drill results ....

RE:Excuse one more pump before drill results ....

Thank you gold_strike

May I add that according to SEDI insiders hold roughly 33 million shares of which Eric Sprott ownes 22,136,646
This leaves roughly 12 -16 million shares for anyone and everyone else who wishes to own shares in Stroud!
Judging by the trading, those remaining shares are almost all held by very strong hands.. which includes me and I suspect the few others reading this board.
Basically what this means is that when others wish to buy shares it will create very strong upward pressure on the share price.
In my opinion and as pointed out in the previous post by gold_strike and also backed up by Eric Sprott Santo Domingo has huge potential to become a major silver mine. Certainly we can be reasonably confident that drill results will be consistant with expectations. I am pretty sure that that is the reason Sprott ownes so many shares here.. he knows the potential.
The other thing to consider is that there is little doubt that we are now in the early stages of a silver bull market that also has huge potential for a sustained and considerable increase in the price of silver.
i think it's fair to say that Stroud has all the makings of an excellent speculative investment.

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