Tudor Gold Corp V.TUD

Goliath is a much better buy than the three Amigos IMO

[Galaxym31]

I wonder why TUD spends money on 1000 + meter holes , in whose lifetime is any one going to mine 1gm Auequ over 3000 feet down ?

[cskhurasu]

"I wonder why TUD spends money on 1000 + meter holes , in whose lifetime is any one going to mine 1gm Auequ over 3000 feet down ?" Great question, Galaxym31. That's why there is no PEA. It doesn't work.

[GuruNN]

Seabridge has lower grades than Tudor and - before a gram of gold can be mined - a 20km tunnel has to be built, which has neither been applied for nor approved.    And you actually claim that Goldstorm is not economically mineable, but Seabridge is?   What a load of BS!  

[Larry60]

SEA's gold grade is worse than TUD's.  Their Cu content makes  up for it though.  But what seperatest the 2 is i)  SEA has better metalurgy, hands down - that doesnt mean TUD will not figure out something economic, just that SEA is there already.  ii) SEA has spenf a few hundred million getting through feasibility to point of a production decision - TUD has a lot

[cskhurasu]

SEA also has extremely low strip ratios. I think it's less than 1/1 for the first 30 years or so. Grade is part of the equation but where it is, the cost to mine it and the exraction of the metals are just as important.

[Jetstream1281]

What you seem to misunderstand CSK is that block caving is basically as economical as open pit now...the initial Capex is higher, but the long term ongoing costs are much lower which brings the average cost right into line...read a few articles and educate yourself....

[cskhurasu]

There is no block cave that can compete cost wise with KSM's low strip open pits. Block caving works under very specific conditions...the orebody must be essentially vertical, the rock must have specific mechanics that allow it to crack and mine itself and the ore still needs to come to surface for milling so deep is not good. Note that very few mining companies do it. The world's largest,

[Krammer000]

But Newmont does. Ummmm. 

[rockport1]

As I posted earlier, three of the five largest mines in the world use block caving.  Also five of the ten largest.  See earlier post for a link. Initial planning on Goldstorm will use block caving.  Contrary to what you claim, block cave mining has become a regular form of mining,  Within the GT alone, it is or planned to be used at the New Afton mine, Red Chris and KSM. 

[Jetstream1281]

How dare you try to fight conjecture and random biased opinion with facts.....lol!!

[fordster]

Hey...didn't I just read a 75% recovery rate for Seabridge? Where'd we get that number from?  On another note, I'm still blown away on how close were closing the gap on how much gold Seabridge  has...and we haven't even begun to figure out GS, PSZ, CBS and Eureka....let's not forget the back side: GR and Kyba red line! Can someone tell me, Is Orpiment now

[TeckPro]

SEA has NO MTT & NO JV either as a result. You are the most daft individual on SH. What is it that you do not understand?

[fordster]

Good for you CSK...strip ratios don't apply for block caving. 

[TeckPro]

Reality = SEA has a PEA but Low grades + NO MTT which after 10 years of only talk is not even approved = NO JV after years of promises. SEA needs TUD but not the other way around. When TUD gets a PEA by end of 2024 or in early 2025, it will be checkmate = game over!

[rockport1]

Actually, block caving technology has advanced to the extent that it can be reasonable cost.  For Goldstorm, because part of the deposit is valley, and part under the mountain, they may be able to drive a ramp from the valley into the mountain.  They can block cave from there. Keep watching; as the deposit expands to the north (into the mountain), which I think may be good from a mining

[rockport1]

KSM will use block caving, and their grade is much lower than Goldstorm.  See here: https://www.wsp.com/en-ca/projects/block-caving-reaches-deeper-deposits-at-ksm Five of the ten largest mines in the world use block caving:   https://www.mining.com/featured-article/ranked-worlds-10-biggest-underground-mines-by-tonnes-of-ore-milled/

[rockport1]

Block caving article as it relates to Treaty Creek.   https://resourceworld.com/can-block-caving-tap-the-immense-deep-resources-in-the-golden-triangle/

[bigboy999]

Thanks rockport1, here's a snippet from that article in case some folks don't care to look it up .............BB Finally, the Treaty Creek project of American Creek Resources Ltd. [AMK-TSXV; ACKRF-OTCBB], 20%, Teuton Resources Corp. [TUO-TSXV; TEUTF-OTC; TFE-FSE], 20%, and Tudor Resources Corp. [TUD-TSXV; TDRRF-OTC; TUC-FSE], 60%, may also fit the

[Jetstream1281]

This is just an idiotic comment....they aren't tunneling down, they're tunneling in from the side of the mountain underneath the glacier....at that level it's not much more than a straight shot in. That's how block caving works....

[highper]

say what tuo and its joint venture partner's Fiji and Tonga claim groups sit dead center in the midle of the goliath an dolly varden mineralized trend fiend.. As goliath and dolly varden spend $30 million plus on developing their properties this year, Dino will be waiting to sign the most lucrative offer that might be offered.... see or yourselves.The map says it all ... https://teuton.com/wp