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Stroud Resources Ltd V.SDR

Alternate Symbol(s):  SDURF

Metals & Mining Industrial Metals & Minerals
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

Stroud Resources Ltd > 9 of 14 holes are busts
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Comment by StrikeGoldon Oct 28, 2021 3:41pm
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Post# 34060419

RE:RE:RE:RE:RE:RE:9 of 14 holes are busts

RE:RE:RE:RE:RE:RE:9 of 14 holes are busts Also, when you bring up funding for another round of drilling, you are assuming that the curring drilling is complete and they are out of funds.  Neigher is likley to be the case.  The news release says:   "To date, the Company has completed 5,725 metres in 14 diamond drill holes as part of its Phase 1 exploration drilling program".     

Yes, I am also disappointed that only a small number of holes so far may have promising results once assayed, but it also doesn't say they are stopping drilling and calling it quit, since the program was budgeted for 50 drill holes.
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