Post by
Peterc31 on May 07, 2023 6:11pm
Redo the MRE
I just signed up because something has to be said about Tudors huge, stated gold resource in BC. The metallurgical data provided in Section 13 of the last technical report indicates the valuation of this property would be negligible, unless there are high grade pockets. Certainly no where close to 25 million tonnes. Common knowledge in the industry is if its refractory gold in high pyrite, it would need >3 g/t Au cut-off grade (and not Au equivalent). That’s well above the average grade of the entire property. If you mine below that grade you lose money. The copper content is more a hindrance than a help since it doesn’t come close to producing a flotation concentrate that can be sold. There appear to be other technical and infrastructure challenges as well. The involved professional firms should understand all this. Maybe the resource geologists and the metallurgist who signed off have a talk to each other. Then put out a qualifier; or else there are going to be some very unhappy late comer investors who will lose millions based on the highly misleading MRE as reported in the April 28 Technical Report.
Comment by
Bentbutnotbroke on May 07, 2023 6:21pm
Thank you for that spiel....my strawberries weren't producing very well but after I put that load of cr@p on them it looks like a bumper crop is on the way.
Comment by
TeckPro on May 07, 2023 7:21pm
Oh wow another anonymous basher. Of the thousands of companies this person chose us, what a coincidence-:) Thanks for your wildly inaccurate comments based on hypotheticals!
Comment by
Jetstream1281 on May 08, 2023 1:06pm
So, basically what you're saying is that your Sasha account got banned, so you had to create this one to keep on spouting your garbage....