Tudor Gold Corp V.TUD

Alternate Symbol(s): TDRRF

Metals & Mining Industrial Metals & Minerals

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.

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Tudor Gold Corp > Should Tudor buy out AMK now?

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Comment by rockport1on Apr 19, 2024 11:27am

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Post# 35998095

RE:RE:RE:RE:RE:RE:Should Tudor buy out AMK now?

Perhaps the smart thing is for a third party miner to swallow up both AMK and TUO. That they will have a carried 40% interest. Let Tudor do all the heavy lifting until production time.

Larry60 wrote: Rockport,

agreed that it is unlikely to happen. it it didnt happen back when AMK traded at a massive discount, cant see it happening now.

WIth AMK now a pure TC play, dilution will be minimal e.g. $600k a year would be way more than enough which really doesnt even register on the dilution scale as much as I hate to see money go out the door.

What all this brings us back to is TUO/AMK is way better to hold than TUD.

rockport1 wrote: Reasonable analysis, essentially a 100% premium to market. Which probably means it is too steep for Tudor. I would guess that the max they would pay would be far below that. Remember, that over that time period, AMK has had a 73% increase in shares outstanding, so there is still significant dilution taking place, even with the free carry.

Larry60 wrote: Rockport,

Pleas see my previous post. I think .25 cents at current TUD share price of .92 is a starting point for discussions. Ultimately, I dont think most AMK SHs will be particularily interested in any deal as nothing beats a free carry.

rockport1 wrote: I guess that is a question for AMK shareholders. For example, would you accept a 20% premium to market in an all stock deal? You would still receive the benefits of 80% of the Treaty Creek development going forward. The cost of the premium is no more free ride.

Curious what AMK shareholders would find acceptable. Please chime in.

fordster wrote: That is a great idea Rockport. It's either Tudor or someone else. The only problem is coming up with a valuation on this "moving target"