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.
Comparing the Carbon Footprint of Gold and Bitcoin…
It would seem counterintuitive that an electronic medium of exchange could generate more carbon emissions than mining. But at 17MJ (megajoules) of energy per $1 generated for bitcoin, gold’s modest 5MJ per $1 generated shows that metals are not always the villain in the coming carbon wars.
Recommended Read This is the catalyst that could take gold price to $2,100 after selloff - ANZ Gold is back below $1,800 an ounce this week as prices struggle to maintain gains amid rising Treasury yields. Gold is down 3.5% in the last 30 days and down 7.5% in the past six months. At the […]
Monarca Minerals, Inc. of Canada continues to aggressively add drill holes for increased capacity at its San Jose Project in Durango, Mexico. Each hole has yielded samples currently under review. The samples are undergoing rigid quality control testing and hopes are high that the findings will lead to increased production at an already prolific site. […]