Post by
cskhurasu on Jul 02, 2020 1:08pm
Comparing Goldstorm with KSM
I am a longstanding shareholder of Seabridge. I see there are people here on this site saying Tudor has an advantage over Seabridge because it doesn't need tunnels. The reason Seabridge has designed a project with tunnels is because they had to find a large valley suitable for holding billions of tonnes of tailings. The only workable site was many miles from the mines. Any large operation in the area will need to find a suitable tailings location. So before Tudor shareholders claim an advantage over Seabridge, they had better figure out where they are going to put their tailings and also large amounts of waste rock generated in mining. Have Seabridge and nearby Pretium tied up all the suitable sites? The waste rock is likely to be acid generating, another problem Tudor would have to face to get a permit, as Seabridge did. Bottom line: Tudor Gold is so early stage in its development that any comparison with KSM is slightly ridiculous.
Comment by
flashcash on Jul 02, 2020 1:30pm
You may actually end up eating those words, 4 to 5 years I says we buy Seabridge out !
Comment by
cskhurasu on Jul 03, 2020 3:51pm
Seabridge has had a License of Occupation since 2014 to drive its tunnels through the Crown land on which Tudor has its exploration permit.
Comment by
cskhurasu on Jul 03, 2020 4:02pm
John Doody is a professional...he isn't going to write up a company that doesn't even have a 43-101 resource estimate.
Comment by
cskhurasu on Jul 03, 2020 4:00pm
Tudor doesn't even have a resource estimate yet after promising one for years. Why not? You are many years away from a reserve. Where are the results of ur met tests? Where will you put the tailings? Where will you put the waste rock? I think you are getting way ahead of yourself. Tudor is a raw exploration prospect, nothing more at this atge.
Comment by
hopeful88 on Jul 02, 2020 1:56pm
Tudor will be in production years before SA ever starts drilling its 46km of tunnels before they even can dream of production. Estimated time to drill 46 km. of tunnels, if they have two jumbos working round the clock is 5-8 years. It took Granduc 5yrs. to tunnel 18 km. under similar conditions. Figure it out, i would rather hold Tudor. Just the facts.
Comment by
cskhurasu on Jul 03, 2020 3:54pm
Checked with an old friend who worked at NEM when they drove the Granduc tunnel and it took just two years using old style drill and blast technology. You shouldn't have to make up facts to support your case for Tudor.
Comment by
alpha74 on Jul 02, 2020 5:07pm
Ridiculous is only your arrogant comment. You seem to know little about Treaty Creek. Keep dreaming about your Seabridge behind the mountain. And remember...the stock market is where the future is traded