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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 Jan 14, 2022 11:01am
81 Views
Post# 34316845

RE:RE:RE:28 cent bid what about those good results?

RE:RE:RE:28 cent bid what about those good results?
Nickdd:   You wrote in another post:

Have held since 1983
wrote it off years ago 
in it until they sell the asset

Ok, it you held that long in an exploration stock and have never added adddtional shares since them, your chances of ever even breaking even are practically NIL if that is what you are trying to accomplish by holding that long

Most people that own these types of explorers over the long term sell a portain of shares during upticks and buy during downticks to offset share dilution over time.  That is true for all stocks that raise money by issuing shares.  If you have not been doing this, and hoping that the stock will "skyrocket" on a fantastic once in a lifetime drill core or two so you can get your money back or even money a profit, then I can guarantee you will be disappointed. 
 
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