Tudor Gold Corp V.TUD

Oh Yeah... Goldstorm Shares!!!!

[TeckPro]

Very clear now for any one who wasn't sure!!! 


In accordance with the Arrangement, among other things:

• Tudor Gold shareholders on record as of November 10, 2022, will receive approximately 0.251 of a Goldstorm Share for every one common share of Tudor Gold (a “Tudor Gold Share”) held; and
• Goldstorm will acquire the six contiguous mineral properties located in the Golden Triangle Area in northwestern British Columbia in consideration for Goldstorm issuing 49,847,967 Goldstorm Shares to the Tudor Gold shareholders.

[tudor123]

How do we get the shares? Do we have to sign a letter or contact our broker or just do nothing? Thanks

[Countrygent]

If your shares are segregated in a brokerage account, normal procedure is nothing.  The CUSIP system looks at the old TUD CUSIP number and swaps in the two new shareholdings.  It should be automatic.  That's likley the vast majority of holders.  Nothing required because nothing is happening except your company is being split in two. If you hold registered shares like a

[Countrygent]

If your shares are segregated in a brokerage account, normal procedure is nothing. @The CUSIP system looks at the old TUD CUSIP number and swaps in the two new shareholdings. @It should be automatic. @That@s likley the vast majority of holders. @Nothing required because nothing is happening except your company is being split in two. If you hold registered shares like a caveman in your safety

[tudor123]

Nice. I have etrade so I should be ok. Does anyone know what the cost of each share will be?

[Bentbutnotbroke]

Nice to see this deal finally taken place....does the fact it all happens on the 11th month of the 11th day of the 11th hour have any significance?  LOL

[Valuuuguy]

your cost base will b $0. Concurrent financing was at 0.26/share so expect it trade around there, possibly up iniitally until people start seeing the spinout shares in their accounts (most brokerages are slow to put them in).

[tudor123]

Thank you. What is the purpose of the spinoff if it's the same company? Tudor gold shares dilution for these gs shares already happen correct?

[NOMOREROLLBACKS]

It will be interesting to see where Tudor's share price goes. If the '' metals '' Spinoff ''. trades at around 26 cents will Tudor shares drop down into the 90 cent range immediately?? Or will it not drop until the spinout shares arrive.. Amk was trading about 27 cents before its spinout and promptly dropped down to the 11 /12 cent range and parked itself there. Its

[TeckPro]

You claim to be an investor in TUD, but come on here and post some of the most curious, leading, suggestive, negative, and controversial information.    Every stock has taken a beating due to the horrible financial situation we are in presently, and NO it is NOT Putines fault.   You have posted and complained (as have others) countless times about the spinout and now that it

[Countrygent]

  Whenever management has assets that begin to diverge in some material way - one property advancing towards development and a basket of much more prospective properties ... it is always a consideration to reorganize.  The target investors/buyers are different and looking at different risk profiles, one set of assets or the other are not adding value or are valued differently by the

[Valuuuguy]

Firstly, only 1/4 of a goldstorm share per TUD share.   Say any drop ex-spinout will be based on that , not a full share. Drop SHOULD occure tomorrow as TUD will trade EX-Goldstorm spinout tomorrow.  I think the small bump up today is people buyin in for the GS shares. My guess is we drop 5 cents tomorrow everything else being equal Doesnt matter WHEN you see Goldstorm in account

[tudor123]

Isn't it the spinout Friday? And why does it have to drop? I thought they already diluted the shares already for this

[thehammer2]

Hold tight to your shares. More positive news coming IMO. The gold is there. GLTA. TH

[NOMOREROLLBACKS]

READ IT CAREFULLY!!!!!alt_text TUDOR GOLD CORP. AND GOLDSTORM METALS CORP. ANNOUNCE CLOSING DATE OF SPIN-OUT ARRANGEMENT AND LISTING DATE OF GOLDSTORM METALS CORP. VANCOUVER, B.C., November 7, 2022 Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (Tudor Gold or the Company) and Goldstorm Metals Corp. (TSXV: GSTM) (Goldstorm) are pleased to announce that the parties anticipate closing its previously

[Valuuuguy]

Mayday, mayday!  Just read the release from night of the 7th.  THEY CHANGED THE RULES AGAIN! VERY dissapointed in TUD management and legal counsel!!!!!! So shares of GS will still go to shareholders of record as of the 10th.  BUT THEY PUT IN SPECIAL SETTLEMENT RULES!!!!!!!!!!!!!   Anyone who buys shares on the 9th or 10th will still get the GS shares.  Conversely

[Robizounskin]

Nothing wrong about this, your broker have to close officially the transaction by nov/10, and all transaction made on the nov/10 have to be made in cash only for immediate confirmation.

[Valuuuguy]

whats wrong about it is they have made terrible dislosure on the mechanics for months now including what were, imho, serious mistakes/mistatements (some which they later corrected). On Nov 7th around 4pm, they said record was the 10th. NOTHING about special settlement.  Late that night they put out another NR.  And ONLY at the END of it did it specify special settlement rules. 

[Robizounskin]

Valueguy, if you don't like the mining sector what are you doing here, maybe you should go to bitcoin sector, there is a big 75% off sale presently from last year price waiting for you, LOL...

[Valuuuguy]

I like the valuuuuu in hte sector, so much potential!!!!  Its weak management thats the problem!!!!!!! Value often comes with weak management.  Question is whether the tradeoff is worth it. As for crypto????  75% off sale??  75% off of what??  A pumped up ponzi scheme high?????? Its no gold.

[fordster]

They may lack on the business administrative side...not sure. But do we really care about that as they're not malignant in their activities....I'm more impressed with their aggressive judgement and costs of finding gold in ground....not one duster hole. The administive side will come as they grow and start to shift their emphasis. The team is meticulatly pieced together to build the

[Garlick]

I think Tudors management is doing a great job!  The regulatory issues to deal with a spin out is immense as you are at the mercy of the Courts, Securities Regulators, and way too many high priced lawyers and accountants.  They did all of this while raising funds in a really poor fundraising market and drilling how many miles worth of holes???? As a Tudor shareholder I want to thank

[fordster]

I couldnt of said it better brother....I just don't see Tudor double dipping with nothing to show for it. It bothers me enough to not invest additional money with American Creek...I think I'll go with a major natural gas producer instead....perfectly stated.

[NOMOREROLLBACKS]

As a result of Tudor management finally putting out their spinoff game plan I bought 37,514 shares OF TUD in the last 2 days BY selling off AMK AND STINGER SHARES mainly due to their excessive management fees and to also make it harder for TUD shorters to play their game...... Why have we not had Rights offerings for shareholders?????

[fordster]

It sounds like your on my same level NMR...I wish I would have had this conviction months ago...this costs us our investments as we stood by and watched AMK double dip and screw us ....thanks to Waffles to bridging this aspect to the share holders: greed is greed....shame on them for stealing money from us while doing nothing. A big point though....there's still good money to be made with AMK.

[Bentbutnotbroke]

Fordster.....I feel the same way.  I have a pile of AMK and am underwater at present but refuse to average down with the management filling their pockets and doing nothing.  TUD has all my new investments.....and I will follow any of it's management team should they involve themselves in new ventures after this one.  Have always maintained good management is more important than

[LonghandStrong]

what a joke Ford. Read your own posts. You (along with your circle jrk crew) have been harassing the so called "bashers" for over a year because they've been calling out these infractions. Like most of the other negative things that have been prophesied by these inquiring minds...now even the blind can see.....

[Jetstream1281]

All of a sudden a short position isn't looking so good here hey L&S???

[TeckPro]

Instinet Canada Limited dumping and someone blocking with 67,000 @$1.35 and another with 21,000 @ $1.36. I can read them like a book. That's okay can't wait for my shares. We will shine in the very near future - :) 

[Paray99]

It doesn't matter. Chicago is against the London Metals Market and soon there will be an end to the paper manipulations! These will sky rocket after that. 

[bigboy999]

Garlick wrote: "If your looking to critique management why don't you go and have a look at what the wonderful well paid executives at American Creek are doing.  Then compare that output/compensation with Tudors." Yes, and I'd also take a look at the otherTC partner TUO. I think Dino Cremonese has done an equally amazing job. ................. BB

[Garlick]

You are very correct in Dino doing an amazing job.  He has weathered some big storms and has been able to keep dilution at a minimum.  I just went and read their last MD&A and wow!!!!!  The guy has and is making good deal after good deal to give value to shareholders.  A junior with almost perpetual cash flow from all the option deals is very very rare.  And.....he is

[bigboy999]

Great post Garlick, if you're inclined and have a moment check you private messages. ............ BB

[TeckPro]

Sounds like this transaction will ensure day traders get no shares lol. If that's the case I concur 100%

[fordster]

Understandable position on TUDs behalf...I would assume that's the universal standard as it cuts both ways.

[Valuuuguy]

daytraders never get shares ie if they are flat at end of day, theyre never shaeholder of record special settlement is used from time to time.  It would not be normal in these circustamnces.  It does cut both ways i.e. for buyers and sellers, but it is still out of the norm. What is really bad about it, is it shows management does not have a handle on this.  They NEVER mentioned