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...
Mexico’s silver output fell 2.8% year-on-year in February to 338,274kg (10.9Moz), while gold production grew 3.2% to 7,150kg, according to statistics agency Inegi.
Silver Tiger Metals Inc. has intersected 1,156.4 g/t total silver equivalent over 2.0 meters in the Sulphide Zone in Drill Hole ET-23-446 from 390.5 meters to 392.5 meters, consisting of 666.2 g/t silver, 0.17 g/t gold, 0.93% copper, 4.26% lead and 8.67% zinc within 17.9 meters grading 425.9 g/t total silver equivalent from 382.8 meters […]
First Majestic Silver Corp. is pleased to announce the Company's fourth quarter and full year 2020 production results, as well as production and cost guidance for 2021. Recommended Read First Majestic Silver Corp. announces its fourth quarter and full year 2020 production results and cost guidance for 2021 First Majestic Silver Corp. (“First Majestic” or […]