Tudor Gold Corp V.TUD

Complaints - Same, Same, but different

[MarcusA]

Recently some here have complaint about this year's drilling program, arguing that we need to see more meters.
Well, as noted by others, this overlooks that the press releace annouced a mininum. But, what is more: the PR from 18. April is  also about  metallurgy stud (see quote below). That is step that I wellcome even more than any annoucement of an extra km drilling. 
I am not sure if any outcome of the metallurgical testing will quench the "doubts" of those here in  favor of another company, for example one on the  wrong side of the mountains or one that needs a tunnel but can't build it or a company that struggels to find a major. I myself am very much looking forward to the resutls of the testing and drilling results.

My worry is that it will take some weeks for first results will come in and that we lack a sufficiently steady flow of good news in the time being. We can't rely on more banks to go down and the prcie of gold, at least not alone.

Have the courage to use your own reason!



From PR 18. April:

"Tudor Gold also announces that the Company has engaged Tad Crowie (P. Eng.) and JDS Energy and Mining to oversee metallurgical testing on the Goldstorm Deposit, which currently involves an expanded preliminary testing program performed by Blue Coast Metallurgy Ltd. Preliminary metallurgical testing reported to date by the Company has only been carried out on a small area of the 300 Horizon domain.  The expanded metallurgical study is anticipated to include broad testing of the CS-600 and DS5 domains and specifically includes material that was drilled in the 2021 and 2022 drill campaigns.  Tests will also be expanded on the 300H and Copper Belle domains to better understand the potential for metallurgical variability across the Goldstorm Deposit. Outcomes of metallurgical testing are expected to be announced once the results have been received and interpreted by the Company."

[cskhurasu]

Agreed that met testing at this point is more important than more drilling. Because the new Technical Report is beginning to deal with the Met issue, estimated processing costs have gone up to C$38.50 per tonne from $16.50 in 2021. That's why the resources changed with a lot of lower grade material dropping out of the estimate. Is $38.50 enough for pressurized oxygen treatment? I'm looking

[fordster]

Some good points Marcus...but us Gold bugs are here primarily because of the collapsing banks. The one great thing about this play are the multiple catalyst...the economy, the wars and rumors of wars, fiat currency etc. But wait, there's more! We're here because this junior will be bought out by a major. We really have a unique situation here...success is based on several different

[cskhurasu]

If only drill results were all that was needed to get bought out. There are so many different factors required to make a successful gold deposit. The failure of any one is the failure of the whole enterprise. Right now it seems to me that TUD needs to focus on three: metallurgy, places for waste rock and tailings acceptable to regulators and strip ratios for the open pit.

[LonghandStrong]

Stop spewing all this logic and silly concerns of basal risk. Don't you know that the banks are going to collapse and gold is going to $18,000 an ounce? This is a for sure, IMO, 500 bagger. If I want an opinion, I'll get it from a paid promoter. :)

[LonghandStrong]

Don't forget the aliens, and the mind control, and the secret societies  

[MarcusA]

Yes, Fordster. You nailed it: its the "multiple catalyst". But are the factors  of equal importance? Collapsing banks and a POG going north certainly help the tockprice. It even might make a potential buyer more interested than buyer already is. But we need an interested buyer in the first place. CG favors a big solution, that inclludes SEA and TC. Usually he is rgiht. I tend to

[fordster]

The OG on this board seem to always be right and I whole heartedly agree, a JV is needed...I've always felt Seabridge and TC would be under the same ownership...A major would be ideal and I suspect something is coming soon (as consistant with many other credible posts here). Hope you're doing good my friend.