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.
Gold tumbled below $1,700 on Thursday as Federal R…
Gold tumbled below $1,700 on Thursday as Federal Reserve Chair Jerome Powell continued to stress that inflation is not a concern while ignoring questions about rising bond yields.
Gold tumbled below $1,700 on Thursday as Federal Reserve Chair Jerome Powell continued to stress that inflation is not a concern while ignoring questions about rising bond yields.
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Minera Alamos has released an encouraging preliminary economic assessment for its Cerro de Oro gold project in Zacatecas state, Mexico. Using a gold price of $1,600/oz., the company anticipates an internal rate of return of 111% and an after-tax net present value (at 5% discount) of $150.5 million.
The fed has linked inflationary control to interest rates. The news has calmed the gold world, but many continue to keep a watchful eye. Recommended Read Gold Firms as Fed’s Powell Calms Rate-hike Fears Gold Firms as Fed’s Powell Calms Rate-hike Fears ... Read More »
