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.
As inflation continues to rise, so do gold and sil…
As inflation continues to rise, so do gold and silver. This trend is also driving exploration and development in key mining regions in North and South America.
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Minera Alamos has released an encouraging preliminary economic assessment for its Cerro de Oro gold project in Zacatecas state, Mexico. Using a gold price of $1,600/oz., the company anticipates an internal rate of return of 111% and an after-tax net present value (at 5% discount) of $150.5 million.
Despite profit taking by futures, gold moves back onto more stable uptrend. As inflation concerns abate a bit, investors see June as bullish. Recommended Read Gold Sees Normal Downside Correction in Existing Price Uptrend Gold Sees Normal Downside Correction in Existing Price Uptrend. Despite profit taking by futures, gold moves back onto more stable uptrend. […]
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 […]
