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Bullboard - Stock Discussion Forum 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... see more

TSXV:SDR - Post Discussion

Stroud Resources Ltd > Back down to 2 cents per split
View:
Post by Nickdd on Dec 03, 2021 9:56am

Back down to 2 cents per split

Lucky for Sprott he has plenty of money to lose.
Comment by StrikeGold on Dec 03, 2021 11:08am
Sounds like an opportune time to add to one's position.   I did this morning at this price.   If you are upset in the share price and think that it's due to a bad decision to drill outside the known silver zones first, then wouldn't a 70% drop in price be a good time to buy IF you think the other drilling will yield good results? Good times to add IMO to ...more  
Comment by StrikeGold on Dec 03, 2021 11:26am
Also, considering Sprott not exercising his 60 cents warrants when he could have, it doesn't mean he gave up on Stroud, but he probably just didn't have enough information yet to know whether or not to add to his position at the time.