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.
Gold, Fed Speak, & the Inflation Trade
…
The US Federal Reserve can often sound confusing in its verbiage. Her is a look at some sound statistics and data that show gold’s capacity as a hedge.
The company had to halt operations at its 70%-owned Cerro Los Gatos silver mine in Mexico, following the suspension of its explosive and blasting permit.
Delays are hampering progress in Mexico’s US$8.77bn pipeline of mining projects, as firms struggle to deliver new production amid heightened metals prices.