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.

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Stroud Resources Ltd > Expecting Update on Phase 2 Program in Upcoming Weeks

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Comment by StrikeGoldon Apr 19, 2022 3:08pm

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Post# 34614146

RE:RE:Expecting Update on Phase 2 Program in Upcoming Weeks

Last Sedar MD&A shows that they had plenty of remaining funds, well after their 1st phase drilling was underway. Management confirmed they have the money they need for phase two.

5. Liquidity and Capital Resources

The Company had positive working capital of $2,457,074 at September 30, 2021 compared to working capital of $4,317,909 at December 31, 2020.

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