RE:RE:RE:It's about the grade Asamatteroffact, Tudor is fortunate in that their major financial backer does believe gold will go on an extended run. ES will likely continue to fund exploration/development because it's an option ticket on the price of gold.
If gold goes on a decent run over $2000, then the best place to be is in a project with tens of millions of ounces. What might be a marginal project with a 10 million ounce deposit at $1700 gold, could be an extremely profitable 20 million ounce deposit at $2500 gold.
Asamatteroffact wrote: They're obviously confident that this deposit can yield enough via open pit mining otherwise why even continue doing drills that yield too low of a grade for under groung only-wouldn't make sense UNLESS they feel very good about gold hitting $2500 in 2021 which will probably happen.
https://finance.yahoo.com/news/american-creek-recognises-2019-major-140000678.html