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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 05, 2023 12:57pm
87 Views
Post# 35205079

RE:Cuds hit the ask at 48 for 100 shares

RE:Cuds hit the ask at 48 for 100 sharesNickdd:    Is there anything positive you have said about this stock?  I don't recall anything

George Coburn was the founder who thought Santo Domingo could host 100 million ounces or more, and is the reason you invested was it not?

If the property does not host that much and only the 34 million or so inferred, indicated and measured found thus far, then his thesis was wrong and they found all there is.  That is not the fault of the current management. 

Drilling may indicate veins down deeper and it's too early to know if they want to sell out or drill more, but you think that Spott has control of the company (even though he is not on the board or is management), and that only he can or would want to finance any further drilling.   

I don't know why the company hasn't provided an update.   Bad results should not be a factor in that though.   I am pretty sure that explorers are required to release drill results (once received) in a timely manner. 


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