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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 StrikeGoldon Dec 22, 2021 11:03am
133 Views
Post# 34254435

RE:Sell the asset keep the listing

RE:Sell the asset keep the listingBut why be so eager for them to sell their asset?   We can wait until the entire drill program is completed and then make the call about whether they should just sell and take any cash offered.     I've been buying more shares recently because I know the drill program isn't over.    Their last drill program of 10 years ago was a huge success - I think that last drill program alone added about 10 million silver ounces if I recall.

If you own other junior miners, you know that not all drill programs always go smoothly, that sometime drillers just mess up like the platform shifts or cores break in dikes, or that labs are backed up due to everyone coming back at the same time after a lot of operations were shut down in 2020 due to the pandemic.   

As far as actual results, we know that silver indicators weren't found near the surface on the outside zones they tested is all. 
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