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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 19, 2022 10:38am
94 Views
Post# 35179516

RE:RE:RE:RE:RE:6 holes drilled in phase 2; 1 abandoned

RE:RE:RE:RE:RE:6 holes drilled in phase 2; 1 abandonedI am trying to follow your analysis as it applies to Stroud, versus any other explorer.    What Stroud does have is 37 million silver ounces in measured, indicated, and inferred.   If they had no silver ounes it would be a different story.   

Every explorer without a revenue source has to go to the market for capital with only the possibility of a discovery as leverage, and it doesn't have to be Sprott.    It's too early to say whether or not they will be able to raise funding in the future.
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