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...
A report from GR Silver Mining has highlighted drill results from the ongoing drilling program in the Plomosas mine area. In addition to this positive news, validation sampling results from historic drilling at the Plomosas Silver Project in Sinaloa, Mexico are also looking good. Reaching high-margin precious and base metals mineralization with potential for large tonnage […]
Recommended Read Fortuna’s Mexican silver mine faces uncertainty over permit expiry Canadian mining firm Fortuna Silver Mines’ ten-year-old mine in southern Mexico is currently at the risk of being closed down as a result of the expiry of its permit. ... Read More »
