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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: jackjc who wrote (38551)	4/19/2007 6:52:00 PM
From: TrueScouse	Read Replies (1) \| Respond to of 78408

jack: Re. Stroud (SDR)... <<Met the guy preparing the drill program in Mex (3 months ago). Said they were now determined to prove it one way or the other, (after much neglect IMO)>> I spoke to management at the PDAC and they seemed confident that they'd resolved some of their drilling problems. If I remember the story correctly, last year they had a drilling consultant who recommended a certain way to proceed to drill the difficult rock on the Mexico property. The drill company they retained didn't follow his advice and they lost most of the drilling. So now they've retained the prior consultant (presumably the guy you spoke to), put him in charge of this year's drilling program, bought their own rig and hired/trained their own crew. They're pretty confident this is going to work. Now whether they hit good stuff is another matter of course! But at least they should get some decent core to be able to evaluate. And my "potential 10-bagger" pick assumes they hit and begin to prove up a few hundred million ounces of silver. <g> High risk, but IMHO still worth a small stake. Best regards, Howy