Pending AssaysIn hole GS-23-170 we saw a section of CS-600 that was 516m in width, but the first 90m were heavily gold dominant at 1.93g/t.
Pending holes GS-23-172 and 173 may tell us everything we need to know for the rest of this year and the planned stepouts for 2024.
Given the consistency of GS it's not difficult to imagine another 300m of strike with a 90m width of 1.93g/t Au on top of >400m grading at more than .28% Cu, still open to the northeast and at least one other direction.
We've been looking at data expressed in terms of AuEq on this domain. What would 90m of 1.93g/t Au on top of a copper deposit do for a calculation expressed in terms of CuEq?
When it comes to stock price, I'm not interested in what's wrong with Tudor as much as what's wrong with Seabridge? SA has put out studies showing that Au comes out of the ground almost for free net of copper silver and moly credits. They have more than 20 years of data and now have to hire bankers to sell the project.
So why would I think that a Goldstorm PEA will make magic for TUD? I don't. The higher grades, better location and lower risk profile have already sold me, and I think we're closer to the end game on both KSM and Goldstorm than I previously thought.