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.
McGlone said that a mean-reversion in the gold-sil…
It appears that silver prices will soon be rising.
Kitco said, "With investor complacency at record levels and improving gold and copper markets, silver price can only go higher, according to the latest research from Bloomberg. . . silver’s high correlation with gold and copper could mean that the precious metal is ready to break out."
Some experts have predicted that silver could make its was up to $20 an ounce, which is a significant improvement!
Click the link for some great info graphics on the subject.
McGlone said that a mean-reversion in the gold-silver ratio would put it back to the 65 level; he added that if gold prices remained around the $1,300 an ounce then silver prices could push to $20 an ounce.U.S. dollar has recovered from Wednesday’s sharp losses follow...
While closures can throw local economies for a loop, companies can use the down time to improve and upgrade equipment. The reopening of the Avino mine near Durango Mexico is expected to boost the economy and improve yields of silver as the improvements are implemented and production ramps back up. Recommended Read Avino Silver […]
Durango continues to be a prime area for exploration as companies like Orex announce new ventures. The company is forming a joint venture focusing on their Coneto gold-silver project near the town of Coneto de Comonfort, Durango. It is staking high hopes on the project which is located in the "Mexican Silver Trend" region. Recommended […]
Recommended Read Zacatecas Mining Uses Maxar, DLR Imagery to Survey Silver Resources in Mexico - Via Satellite Image courtesy of Maxar Zacatecas Silver Corp. is using high-resolution satellite imagery to conduct resource estimates at the Panuco Silver Deposit in Zacatecas State, Mexico.DLR’s TerraSAR-X was tasked to provide 20 ground control points at less than 1-meter […]
