Stroud Resources Ltd V.SDR

6 holes drilled in phase 2; 1 abandoned

[StrikeGold]

The Nov 29 MD&A on SEDAR actually tells us the number of holes drilled, the start and end dates, and zone/vein.   

Apparently we are waiting for the assay results of 5 holes.  

Table 10-3. Summary of 2022 Phase 2 diamond drilling on the Santo Domingo Silver Project, Mexico.

 

SD-22-59 606070.172 2334155.96 1159.487 327 216 -37 2/16/2022 2/26/2022 Zopilote

SD-22-60 606209.138 2334152.99 1128.458 128 269 -51 3/7/2022   3/16/2022 Zopilote

SD-22-61 606209.138 2334152.99 1128.458 503 251 -48 3/25/2022 4/13/2022 Zopilote

SD-22-62 606209.138 2334152.99 1128.458 336 248 -38 4/28/2022 5/11/2022 Zopilote

*SD-22-63 606613 2334461 990 136.6 189 -62                 5/12/2022  5/26/2022 La Raya

SD-22-64 605984 2334156 1163 414.15 23 -83                 6/4/2022    6/29/2022 Zopilote

 *Abandoned hole.

[StrikeGold]

From earlier MD&A: "The Company initiated further drilling in the first six months of 2022 and is awaiting assay results."

[Nickdd]

Complete bust waste of money killed the dream of 100 mm ounces five lousy holes to assay so why the big delay? its over Close the lid! flush it

[StrikeGold]

So it's all management's fault?    You wanted them to drill infill.  They did, but a lot of holes were lost due to historic mine shafts of the past getting in the way.  Many are not recorded or partially caved in.  That's just the way it goes.    Drilling equipment available wasn't up to par perhaps, or streched thin due to increased area

[Nickdd]

Strike It's over

[MrDupont]

I admire your optimism StrikGold but the reality is that all things considered, Stroud doesn't have much leverage! As far as i'm concerned, the only company that would be willing to buy is GoGold and they could impose their price and i don't see how Stroud could refuse considering their few options!

[StrikeGold]

I 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

[Nickdd]

If Sprott who owns over 50 percent is no longer willing to pony up where does one find the next sucker to do so? answer is you do not you sell asset keep listing and look for a venture looking to get listed. it's over strike time to face up to reality my friend. it's only money.