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’s Place in the COVID-19 Recovery
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As Covid-19 recedes, the political and economic aftermath of inflation and loose monetary policy make gold an inviting choice. Mining companies are poised to leverage their newfound influence as these factors heat up.
There is no shortage of new gold mining projects in Mexican exploration as Fortuna opens its Seguela Project. With low per ounce sustaining costs, Seguela Project is expected to produce over 130,000 ounces in a nine-year span. Recommended Read Fortuna starts building Côte d’Ivoire gold mine There is no shortage of new gold mining projects […]
Gold prices rose last week and are expected to rise more. This is partially due to US – China relations and tariff threats. CNBC said, "The escalation in the U.S.-China trade dispute has weighed on stock markets worldwide and boosted demand for assets viewed as safer." Keep an eye on this in the coming weeks […]
Projections say that gold will be ready to rally soon. CNBC reported, "The charts are setting up for a bullish move that could take the yellow metal sharply higher, said Miller Tabak equity strategist Matt Maley Wednesday on CNBC's 'Trading Nation.'" Watch for a potential breaking point at $1380. Strategists say that if gold rises above that […]