Tudor Gold Corp V.TUD

Where is the Recovery?

[Sasha11]

Look I don’t know where the regulators are on this, but if a company and their consultants claim to have one of the worlds largest gold finds ever they better be able to back it up.  They give no metal recovery!  The resource is described at ~0.15% Cu and 0.9 g/t Au and a little silver in a high sulfur system.  One can glean a little from the geology provided in the technical report.  So Tudor wants you to believe there is a worthwhile gold equivalent by adding all these low grades together for a remote site with no infrastructure, and billions needed to develop.   They want the investors to assume the copper present will behave like a porphyry deposit.  It wont. For this mineralogy (except for maybe some minor higher grade zones), less than the majority of an already low and variable copper grade will make it into a flotation concentrate for a required grade >20% Cu,  If no marketable copper concentrate then no by-product gold. So then maybe cyanide the gold and silver like an oxide leach in central Nevada?  Not a chance, probably get less than half the precious metals leaching with this mineralogy.

Hundreds of millions of investor capitalization.  So just keep drilling and push back the PEA with lame excuses.  At least do a few flotation and cyanide tests at a reputable lab on representative samples for each zone shell calculation.  It takes a couple weeks at $1000 a test, less than a few feet of drilling cost.  Tudor probably already has this type of information.  If they do, and didn’t include it in the technical report that borders on negligence or worse.  Publish some recovery data, it won’t be good.

[fordster]

Your post is simply describing the definition of a junior miner...and claiming there's some naferious issue because everything is not completed.  Go claim a corn seedling isn't corn because it's not producing anything...makes as much sense. Spare us your "sky is falling" ...we've all been there before.

[Robizounskin]

Sasha, I have a solution for you, don’t buy any Tudor shares and go fishing in some other lakes, don’t wasted your time on this board.  We will take care of our own investments.

[Jetstream1281]

If you take the time to read the document they state CLEARLY what their cyanide leach recoveries are - and they are good. This is also 2+ year old data, I already posted a quote from the document stating that new data will be coming later this year on all the recent higher grade drilling. You are just making yourself look like a fool by stating things that simply aren't true.

[Jetstream1281]

Your statement that Seabridge's grades are better is also NOT true.  Seabridge's PFS states that their grades are 0.51 g/T Au, 2.4 g/T Ag and 0.16 % Cu TUD states that their grades are 0.74 g/T Au, 5.99 g/T Ag, and 0.16% Cu They have more overall ounces, but the grades are not nearly as good, TUD is also years behind where SEA is. If they hit similar grades on the other targets

[thehammer2]

“Eric Sprott, through 2176423 Ontario Ltd, a corporation beneficially owned by him, subscribed for approximately $2.0 million in the Offering." He has a nose for this play IMHO. Follow the money!! The gold is there. Drill away!! GLTA longs. TH    

[Sasha11]

Ya I read the technical report did you?  The copper grades for flotation on high grade samples barely make 2% Cu on the best results (aka it doesn’t work, certainly not on most of the resource.)  In flotation the gold does not upgrade enough during cleaning (aka too low a grade too sell concentrate). For cyanidation a direct quote from the report, I believe on page 13-8.“The low

[Jetstream1281]

You are only quoting the first set of samples done by BV If you read the second set of data done by SGS they end up with a total Au recovery of 94%.  Again, I quote: A single sample of flotation concentrate from the high-grade 300H composite was subjected to an oxidation stage using a Neutral Albion Leach followed by CIL. The sample indicated that the lime consumption to neutralize the

[Jetstream1281]

The data you are quoting was on the 2020 samples, the data I'm quoting is on the 2021 samples.  The most recent samples (where all the high grades are) have yet to be released...Don't try to twist things....you're just plain lying.

[Sasha11]

Whos lying.  You just admitted to cherry picking the high grade data.  What does that represent less than 10% of the resource?  Bottom line for what Tudor is claiming a PEA should have been done months ago.  You won't do it, because you wont like the answer.  The regulators and independent professionals should never have allowed you to make such claims for a multi

[Jetstream1281]

The stuff you are talking about likely didn't make the cutoff grade for this estimate. It still exists but isn't even included. Also, it looks like the rest of the market agrees with me rather than you....

[Jetstream1281]

Also, the material that caused the average grades to almost double hasn't even been reported on yet

[fordster]

Nice to read your posts JS...you are correct: "cover and move on"

[Leiefegrande]

Rudy, that's you? 

[Jetstream1281]

Rudy has done an admirable job. He's put Seabridge on the forefront of junior miners. They have a great deposit there, but so do we. The story for TC is just beginning.... I think Sasha just needs to cover, take the hit and move on....