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Tudor Gold Corp V.TUD

Alternate Symbol(s):  TDRRF

Tudor Gold Corp. is a Canada-based precious and base metals exploration and development company. The Company develops its 60% owned Treaty Creek gold project, located in northwestern British Columbia. The Company's Treaty Creek property covers an area of approximately 17,918 hectares.


TSXV:TUD - Post by User

Comment by CoastalTraderon Jul 15, 2022 4:10pm
190 Views
Post# 34827967

RE:RE:Just my opinion

RE:RE:Just my opinion

cskhurasu - you are on the right track with a few deviations.  A Resource Estimate, PEA and PFS to be published as material information must be conducted by an indepent, professionally registered geoscientist using the publicly released drill data.  But for inhouse information, any major can have one of their geoscientist develop that same data for them.  That would allow them to strike first and give them the upper hand in negotiating the best price, leaving as much unexplored blue sky potential for future growth of the acquired asset.  That equals the same risk reduction you speak of - but leaves the major with a potential advantage. 

Your thinking that SEA goes first is wishful thinking.  At the moment they are both barren, undeveloped projects in the coast mountains of northwest BC.  Tudor is the one closest to infrastucture which significantly impacts CapEx cost, whereas SEA is advanced on the permiting side.  The best result is that they both become mines regardless of who goes first.
CT.

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