- Finanzportal financial.de – Aktien – Börse – Kurse – Rohstoffe - http://www.financial.de -
eResearch Initiating Report: STROUD RESOURCES LTD.
UPFRONT
Exploration company: silver in Mexico, and gold in Ontario. Santo Domingo
in the Sierra Madre has enormous potential: open pittable; wide mineralized
zones; ease of access; critical infrastructure, such as water and power, readily
accessible; available labour supply; low cost of production expected; and could
be fast-tracked to production. At Santo Domingo, Stroud has drilled 27 holes
which, on the Company’s 25.73 million silver-equivalent ounces, equates to
almost 1 million silver-equivalent ounces per hole.
Other factors positively impacting Stroud: (1) NI 43-101 Technical Reports
available on the two key properties, Santo Domingo and Hislop; (2) Stroud has
a small ownership interest in six operating natural gas wells that throw off
valuable positive net cash flow; and (3) Strong institutional ownership.
At a $10 million market cap and with a thin float, Stroud Resources Ltd. is not
on many investors radar screens. But it should be.
RECOMMENDATION
Speculative Buy, for risk-tolerant investors. Target Price = $0.28 per share.
Click on the bottom “PDF” to download the complete study. Die vollständige Studie können Sie als PDF herunterladen. Klicken Sie einfach auf den PDF-Button.
Kontakt: financial.de AG Seitzstrasse 23 80538 München Telefon: 089 / 210298 -0 Telefax: 089 / 210298 -49 E-Mail: info@financial.de
Copyright © 2012 www.financial.de. Alle Rechte vorbehalten.