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.
Gold prices are rebounding. CNBC reported, "Gold prices rebounded on Monday from a near four-month trough hit in the previous session as investors resumed trading after the Easter holiday, with the bullion gaining further traction on higher crude rates." The price of gold is often linked to oil prices and the U.S. dollar. Recommended Read […]
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. […]
Recommended Read Investors aren't 'stampeding' out of gold because inflation is still a threat - Axel Merk While bond yields are currently trading near a one-year high, gold prices are finding support around their June lows. April gold futures last traded at $1,761.70, down 0.77% on the day. ... Read More »