Tudor Gold Corp V.TUD

Refractory gold not easy or cheap to get. See Barrick MRE

[Sasha11]

I’m re-posting some of my earlier comments (see highlight below) as its been flooded over with disinformation by the same Tudor insiders who don’t seem to want people asking questions.   All I’m saying is properly support your claims, and for all you would be investors do your research.  That includes reviewing Barrick’s March 17, 2023 Technical Report on the Pueblo Verijo (PV) refractory gold mine, which is a similar type of project to Treaty Creek.  Compare that to the Tudor MRE (mineral resource estimate) of April 2023.  Both reports are available on-line.  Tudor has a much lower gold grade and higher sulfur to gold ratio in the feed than PV, and no infrastructure.  Don’t buy the story the grade is getting better at Treaty Creek, good if it is, but its the overall published Treaty Creek MRE that’s relevant, or should I say irrelevant.  

Here is a direct quote from page 172 of the Barrick Technical Report;

“Given the processing costs are dependent on the sulfur grade and recoveries vary with material type, the cut-off grade for a block with an average sulfur grade of 8.3% can vary from approximately 1.27 g/t Au (equivalent) to 1.41 g/t Au (equivalent).”

Note that this is a cut-off grade for a project where most of the capital was paid for with 5 g/t gold during several years of initial production.  The remaining PV deposit has a listed grade of 2.2 g/t Au and 13 g/t Ag.   You need over 5 g/t Ag to even consider making silver into a gold equivalent in this type of mineralogy, so it is extremely misleading to count both silver and copper at Treaty Creek.  Now on a previous post they say the can drop the ounces to less than 8 million with a 1 g/t cut-off Au eqiv cut-off.  Getting closer, but even then the grade is too low. My opinion is the Treaty Creek project can’t work based on the assumptions they provide, certainly no where near 30 million ounces.  That is the reason they’ve delayed their PEA for years.   Redo the Treaty Creek MRE to be realistic, and then do a PEA.  To make it work Tudor needs a substantial resource over a 1.5 g/t Au cut-off grade, and not the bogus gold equivalent number they keep providing.  You can either believe Tudor’s numbers or believe Barrick.

[TCrelave]

I guess I'm an insider now? wow 1.27 * with 41% Max Pull * .80 Flotation Recovery * .90 POX Recovery = X .7 g/t with 25% Max Pull * .95 Flotation Recovery * .92 POX Recovery = > X You're comparing not finished apples to organges and then you complaining about Lemondade. Stop, and admit you're not an expert and I'll admit I'm not an insider... I also sent a cost analysis

[TCrelave]

Sorry TC Flotation recovery should probably be more like .90 vs PV's .80, math still works, TC .7 > PV 1.27 for final recovery.. Said differently, .7 is better than 1.27 in final extraction numbers.

[Jetstream1281]

Insiders....lol!!!! I'll tell you what is bogus is someone using testing data from a completely different deposit to discredit this one. Every deposit is different....that's why they test it....otherwise you could just assay it and be done with it. The reason TUD is continuing to drill is that the grades just keep getting better and better. As such, it makes no sense to stop and do a PEA

[Jetstream1281]

A quarter of the earth's gold is tied up in refractory deposits...At some point they are going to have to be developed. The only way it won't happen is if the world stops demanding gold... Also, we don't know if the newest mineraology is refractory in nature or not as the results have not been released....

[fordster]

Unbelievable factoid JS! So this tells me future POG is climbing higher if 1/4 of the worlds gold is refractory...most likely, it sounds as if we're on the cusp of figuring this out...though I'm not sure it applies to Tud.

[LonghandStrong]

Don't publish a PEA until you know exactly what you have?  That's ridiculous and uninformed, IMO.  Most producing mines still run multi-million dollar drill programs each year to better understand deposit, drive investment and focus drilling.  Your thesis of "drill it so that the deposit can be completely understood and only then after hundreds of millions and a couple

[TeckPro]

You are another joker and basher LOL. Since you have NO money here I will always ask the same question "Why are you here?" Every Company's Management is different and once the actual INVESTORS (like myself) are happy and in agreement it's none of your Business! Do you expect a PEA every year to waste precious money?  The Management has clearly stated that they are working

[Sasha11]

People are here to try to get some realistic answers, not your guys hype.  Now the same question to you.  Why are you here, promoting, like used car salesman 24/7?  You’re not an investor, you’re an insider.  An investor would want to know more, and ask some intelligent questions.  Many of these questions would be answered by a PEA that should have been done 2 years ago

[Jetstream1281]

An investor who wanted to ask intelligent questions so that they know more would call TUD, not post on a public board under an anonymous name.....I've talked to them....have you????

[Jetstream1281]

Do I expect anyone to take my posts at face value? Definitely not.... My hope is that I can point people in a direction where they can dig up some facts that give them confidence. Ultimately I don't think you should take any information from anyone seriously unless you can verify it yourself.....I encourage people to talk to the company themselves if they want the facts. That's what I

[fordster]

I've called and got my questions answered to my utter satisfaction...Chris said he could arrange a conversation with the higher up...no need.I'm excited for our future. I recommend everyone to call if there are any questions...exciting times for us....refractory only in H300 so far.  Great grades coming....JVs in progress. No pump-just facts.  Same exact bashing complaints

[cskhurasu]

This is a very interesting post. Having been a director and insider of various companies along the way I can attest to the pressures involved. You have made a committment and you need the market to give you a chance so you can raise the money to prove your worth but suppose the data does not go the way you want. What then? Will you take the loss? Will you disappoint the people you brought into the

[fordster]

Who are you fooling?...I ingested your first posts: you didn't know jack...still don't. You've improved your vocabulary as you've become more experienced-that's all.

[Jetstream1281]

I'll humor you with an answer this time....you don't stop drilling and doing a PEA when the grades are getting better. You'd only have to re-do it the next year.  Companies run drill programs to try and add to what they already know they have.  Also, most of those companies have been drilling for 12-30 years by the time they do a PEA. We've not even been drilling for 10

[cskhurasu]

 "Believe you me, if these grades were 4 and 5 GPT, we'd have a PEA already." From LonghandStrong. Nailed it. TUD is still looking for a deposit that works.

[Jetstream1281]

but if you were drilling along at 4gpt and then all of a sudden hit a couple holes with twice that would you do a PEA or would you keep drilling to see how big that new grade area was first? That's actually the situation we're in....

[thehammer2]

Agree. As mentioned in my previous comment. Could very well happen here. KEEP DRILLING!!! We have the funds/location/management team/weather. We are on others radar. AIMO. GLTA TH  

[CaptainE]

I'm just curious about your call sign here. Is that Sea, Eskay, Harass you? I mean, the harass you part is obvious, as that is all you do, but can you clarify the rest for us? 

[Jetstream1281]

I clarified that long ago.....I'll see if I can dig the post up....

[Jetstream1281]

Your post is incredibly entertaining though Captain....LOL!!!!!!

[CaptainE]

Thank you JS, appreciate you digging up that insight on you know who. If nothing else the conversations are at least entertaining. Have a good weekend

[cskhurasu]

TUD owes its investors a PEA so they can make an informed decision to stay or to go.

[fordster]

May 22 there was 91% shorting on TDRRF...then comes this post on May 23 with a slew of attacks...dunno...coincidence? Now that they got the stock down to 1$, they all disappear. May 15 was an interresting day too... The fact that they try so hard, validates Tudor.

[LonghandStrong]

Imagine how terrible the volume would be if the short sellers stopped buying and selling.  

[Jetstream1281]

To be fair there isn't much of a catalyst to trade right now....wait till we get some drill results......or metallurgy results...