Post by
Bentbutnotbroke on Jan 04, 2021 10:11am
Question
I am heavily into two of the three amigo's..TUD and TUO. Initially I split my share count evenly....recently I have been swinging it all into the lower priced one when the price difference reaches a certain point. This means I will be left holding the lower priced company if one of them leaves the other behind. My question is this...what's stopping a major from buying TUD's 60% and then just moth balling the project for a future time? Could I be left in the dust holding the lower priced one?
Comment by
highper on Jan 04, 2021 10:16am
short answer...walter and eric sprott hold about 50% of the shares of tudor.... They will not sell till they get their due....
Comment by
rmorrow99 on Jan 04, 2021 7:56pm
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Comment by
schor on Jan 04, 2021 4:10pm
Making trading decisions based on the face value price of a stock is not a good strategy. In the case of tud and tuo, if you only want to play 2 of the 3 amigo's then it's probably better to hold more tuo than tud becuase tuo has dec and tud is tud.
Comment by
bigboy999 on Jan 04, 2021 4:34pm
Agree wholeheartedly Schor ... plus low float, lots of cash and more coming, thirty or so properties, promising royalties, a number of JV's, and as you say del Norte is one of those, management that knows what they are doing, etc, etc. The fundamentals couldn't be better in my opinion. Hope the New Year proves prosperous for all ................... BB
Comment by
CobraShelby on Jan 04, 2021 6:24pm
Agree 100% even ES mention, out of the 3 amigos TUO as the best potential in his view.