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.
We do need that final push above the $1,380 level…
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 then the long-term trend has changed and it could keep going up.
"We do need that final push above the $1,380 level before we can really pound the table and say the bear market in gold is over," he said.The GLD gold trust ETF rallied 8 percent in the fourth quarter as the S&P 500 plummeted 14 percent....
: With near unlimited liquidity affecting inflation and consumer prices, gold may see a record by year’s end. Silver too is looking up as a hedge against inflation. Recommended Read Gold: 45% Chance for a Record by December Gold: 45% Chance for a Record by December ... Read More »
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Terreno Resources Corp. of Canada has done its homework on its Las Cucharas Gold and Silver Project and hopes to make big finds there. Located in Nayarit, Mexico, the project has returned engineering and exploration results showing widespread gold and silver in the area of the project. Recommended Read How a Canadian Junior Exploration Company […]
