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
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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.
Inflation fears, and rampant liquidity are continuing to drive concerns. Many companies, such as Coeur are aggressively investing to take advantage of these trends. Recommended Read Coeur invests $68 million in exploration for 2021 Coeur invests $68 million in exploration for 2021 ... Read More »
Mexico-focused gold-silver explorer Prime Mining is increasing its recently announced bought deal private placement, which had Desjardins Capital Markets acting as sole bookrunner and co-lead underwriter along with TD Securities, to fund the development of its sole asset, the Los Reyes project.
Mining and transport firm Grupo Mexico on Wednesday reported a 40.5% drop in its second-quarter net profit from the same period a year earlier, as sales fell while costs rose, according to a company filing.