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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 May 09, 2023 10:51am
66 Views
Post# 35438449

RE:Without land control , what do you have to sell?

RE:Without land control , what do you have to sell? "Land control"?   Explorers don't own the land with minerals on it in the vast majority of cases, but they have been granted to right to explore by the land owner, and need permission to mine it by the government or mining regulators.   The original land owners usually receive some type of royalty from mining operations.  That is what Stroud has already negotiated.  Small explorers also don't have money to set up a mining operation, so that is why they sell the resources they have uncovered to a major for cash.

But I suspect you already know all the above, so when you imply that they don't have anything to sell, and your earlier statements about the management being crooks, it seems obvious that your motive here recently has been to scare others into selling.      
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