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....
Prime Mining Corp. announces additional Phase 2 drill results at Los Reyes, a high-grade multi-million-ounce gold-silver project in a highly prospective, 500-year-old mining-friendly district of Sinaloa, Mexico.
Gold prices are rebounding. CNBC reported, "Gold prices rebounded on Monday from a near four-month trough hit in the previous session as investors resumed trading after the Easter holiday, with the bullion gaining further traction on higher crude rates." The price of gold is often linked to oil prices and the U.S. dollar. Recommended Read […]
What does Brexit have to do with gold? Some investors are actually holding off until they see what happens. Kitco said, "The gold market in the U.K. has people waiting out the Brexit uncertainty without making any sudden moves, Carrasco told Kitco News in an interview." The best outcomes for gold would probably be hard […]
