RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News out - I like iti am hoping they get to 10 mil plus as a starting point with the gold intercepts hitting in several locations the potential is much higher....... I think the comment refers to the effort Seabridge has made to advance thier KSM deposits...
The tunnel Seabridge has proposed to access KSM, was supposed to run through Tudors property, they incorrectly stated that there was no significant mining potential on the tunnel route. Also Seabridge has worked hard to find an acceptable tailings area which was a long and difficult process....Regardless of what Seabridge has done, Treaty Creek at this point has the potential to be similar in size and grade, with a lot more work needed to confirm..., and much easier to get to from the highway, unless Seabridge has an alternate plan than the tunnel, they have an "access issue".... or more likely is that a big player comes in and picks up both properties removing all conversation re tunnels tailings financing...KSM with 10 b pound of copper and 38 m ounces of gold... is going to be developed at some point,, is the first step mining out Treat Creek? or do they find another more expensive road to KSM?
the challange for Tudor is to define as many ounces in the ground as possible as quickly as possible to try and maximize the buy out number. I do not think they have any intention of building the mine... just cashing the cheque...
If the property is not sold... then Tudor does face a long, expensive and difficult process to have an active mine... am I close?