RE:RE:... our goal is to fast-track the exploration program at TChighper wrote: would that mean 3 drills or 4.
If the first few holes come in big, it will bring Mr. Sprott back to the table for at least another 5% of Tudor. That would allow for more drilling, but a good portion of the spend should go into a P&E mine design for a block cave at Goldstorm. We just heard Mr. Rudi Fronk speak on the 500+ foot columns that will make Iron Cap block caving a cost saving cash cow. With Goldstorm showing similar large widths of higher grade gold than Iron Cap's average, a good mine design would allow for a compliant resource estimate to be completed on a fast track basis.
If Tudor can hit the end zone on a compliant resource of a few million ounces, the price of Treaty Creek just went up for Seabridge. It's already higher than it was because of Newcrest's purchase of Red Chris resources at a healthy price. The longer Seabridge waits to lock down the tunnel route, the more it will cost later. If there's a good resource estimate Seabridge can justify using stock to get those ounces.
That's a bunch of "ifs" but I feel better this year than I did in 2018.