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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 LonghandStrongon May 24, 2023 5:04pm
124 Views
Post# 35462607

RE:RE:Refractory gold not easy or cheap to get. See Barrick MRE

RE:RE:Refractory gold not easy or cheap to get. See Barrick MRE Don't publish a PEA until you know exactly what you have?  That's ridiculous and uninformed, IMO.  Most producing mines still run multi-million dollar drill programs each year to better understand deposit, drive investment and focus drilling.  Your thesis of "drill it so that the deposit can be completely understood and only then after hundreds of millions and a couple of decades, see if the economics works" is a fair opinion, but it makes no sense and runs contrary to operational realities.

With exception of a few unshakeable believers here, the market has IMO already by and large pretty much figured this out.   As I've supposed for years, am guessing nothing really will happen here until we have some sort of floor (or colllapse) on PEA.

There are two definite sides of the argument.  I for one want management to put up, and get a PEA done asap.   This way I can either continue to tie up my capital or divest and go somewhere else.  You seem to think, drill, drill, drill, drill, drill, never never plan, cross your fingers, is the way.   To each their own.  Believe you me, of these grades were 4 and 5 GPT, we'd have a PEA already.   

This deposit is Vegas baby, could come up either black or red, so a few chips on the table to see if the house can lose for once.   
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