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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 > Where did Sprott’s money go?
View:
Post by Nickdd on May 02, 2023 4:08pm

Where did Sprott’s money go?

I see no update on the resource by mr McBride as promised.

 The money simply vanished.

how do we know they even drilled anything?

1 mm spent in2022 on exploration for what exactly?
drill results are Deca to proof of the spend

no results no proof.

auditor needed to ask for proof of expenses.  No proof then what do we conclude?
Comment by tarnow on May 02, 2023 5:02pm
How do you come to the conclusion the money vanished? Drilling is expensive. And the vast majority of this money was spent on drilling. From the news releases of 2022 you can see it hit more silver. Irrespective of the abandoned holes due to hitting historical mine shafts. The updated resources have yet to materialize. I have been in sdr a decade. I remember when they drilled prior to 2015. Run ...more  
Comment by Nickdd on May 03, 2023 10:26am
As far as time in the stock you my friend are a piker  in since day one 1983 the current crowd are crooks give us the full drill results and updated reserve numbers what are they hiding? how do you know they spent the money on drilling?  They could have made it all up. do you think their BS auditor actually looked to confirm where the money was spent
Comment by StrikeGold on May 08, 2023 2:52pm
Nickdd:  Out of curiousity, do you still have your 60K or so shares?   It seems like if you had sold when you first came to this board you would have avoided a loss of perhaps $25,000?  Am I close?    Does $25K not matter to you since you seem keen to try to knock it down to a penny if possible?   In your last few posts you seem to imply that management ...more  
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