In a podcast (also on Friday) Eric enthusiastically described the potential of the Treaty Creek project when he made statements like:
"It's drilling a monster play just like the GT Gold play" "The last hole they announced, which was last year, was 563 meters of 1.08 gold."
"It's in the perfect logistical place to develop it. The market cap of the company (Tudor) is like under $50 million and yet what we're shooting for is to define a 10 or 20-million-ounce discovery, so you're paying nothing for this discovery."
"So that's the sort of play that I like where man, if the price of gold goes to $1,700 or $2,000 these plays will look so economically viable and the stock will go up so much, and the analogy I use is Seabridge back in 2000. I remember buying it at a dollar…and Seabridge went from $1 to $35 dollars! That is what we are looking for - a dollar to $35 dollars, set you up for life!"
Click the link below for the Sprott podcast. Tudor/Treaty Creek are discussed beginning at about the 10:07 mark....but we suggest you listen to the whole thing as Eric describes the present gold/silver market in general.
https://www.sprottmoney.com/Blog/paradigm-shift-what-a-week-for-precious-metals-weekly-wrap-up-july-19-2019.html