Stroud Resources Ltd. is a Canadian public company listed on the TSX Venture Exchange, trading under the symbol “SDR”. Stroud’s mission is to create shareholder value through the exploration and discovery of precious metal deposits. It has previously focused on an easily accessible, epithermal gold and silver projects in Mexico and Archean gold deposits in Canada.
Rising Industrial Demand for Silver Has the Mexica…
In addition to its capacity as an inflationary hedge, industrial silver from uses such as green energy initiatives and development continue to drive silver forward. Mexico mining is a hotspot with many companies moving forward with current and future projects to service industrial silver needs.
GR Silver Mining Ltd told investors that wide, high-grade silver mineralization has been confirmed below the San Marcial resource at its Plomosas silver project in Mexico, justifying another resource expansion drilling program this year.
The demand for silver is up. Canadian Mining Journal said, "The Silver Institute has released a report saying global silver demand rose 4% – to 1.03 billion oz. – in 2018. This is the first time since 2015 that demand has risen year-over-year." They say demand growth, robust retail investment, and falling supply have been major factors […]
Expert investors are currently optimistic about silver at its current prices. MarketWatch said, "Silver has been a lackluster performer this year, but as investors’ appetite for gold improves, silver might share in the yellow metal’s prosperity." Global investment in silver rose last year and its market is close to balanced. All of these factors are […]
