RE:30 dollar silver coming up They are currently drilling 3500 additional meters. The fact that drilling results have not been incorporated into a new resource estimate yet doesn't have to be explained to anyone. Many like myself do not react to every drill hole result or to daily price dips or jumps, but will wait for ALL drill results to come in and be analyzed.
I'm not sure what news you are following, but it's obvious that everything you see about this company is put under a grey lens. I suspect many here rather believe the company in its news releases, and don't conclude that the company is about to fold or that shareholders are going to be thrown under a bus by Sprott.
--Company President Scott Jobin-Bevans commented, "We are very pleased with the results to date which have demonstrated the potential for several wide vein systems hosting high-grade silver and important gold grades. In addition to the two main vein systems we have also identified new parallel veins, including Zopilote, which will be targeted as part of the soon to begin Phase 2 drilling program."
--Stroud Resources (SDR) has started phase 2 drilling at its Santa Domingo Silver Property
--This phase of Drilling will target the newly discovered Zopilote Vein, the Guadalupe Vein and the La Raya Vein
--Drilling is expected to total approximately 3,500 metres