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Tudor Gold Corp V.TUD

Alternate Symbol(s):  TDRRF

Tudor Gold Corp. is a Canada-based precious and base metals exploration and development company. The Company has claims in British Columbia's Golden Triangle (Canada), an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The Company has a 60% interest in Treaty Creek gold project, located in northwestern British Columbia, which is host to the Goldstorm Deposit, a large gold-copper porphyry system, as well as several other mineralized zones. The Company's Treaty Creek property covers an area of approximately 17,913 hectares.


TSXV:TUD - Post by User

Post by stockzorgon Jun 03, 2021 7:19pm
254 Views
Post# 33326821

Now we'll see if Mr. Sprott has any guts

Now we'll see if Mr. Sprott has any gutsAnyone who owns stock and feels their management teams are not intelligent or ethical (or both) should read this dumpster fire of a news release from Crest Resources:

https://www.thenewswire.com/press-releases/1AlpFdWOx-crest-announces-distribution-of-bonus-shares-instead-of-rsu-plan.html

Mr. Sprott does not show any positions in sedi.ca for Crest Resources, but does show a position in Exploits Discovery (NFLD.CN, NFLDF on the OTC).  That position is 10,666,667 shares at $.50 - $.60 and 10,666,667 warrants at $.67 - $.70.

Exploits Discovery shares a CEO with Crest.  Crest and Exploits also announced a syndicate staking  agreement today covering an area known as PB HIll:

https://exploitsdiscovery.com/crest-exploits-syndicate-stake-pb-hill-gold-claims-in-the-exploits-subzone-newfoundland/

Further, on September 18, 2020 Crest announced the sale of claims to Exploits Discovery.  At that time several share grants in Exploits Discovery were made to various management personnel.  The "bonus" shares granted June 2, 2021 are based on the "performance" of the company's investments.  These investments were not exactly performing (in fact they were underwater) until Mr. Sprott made his investment in Exploits Discovery on April 30, 2021.

Both Crest and Exploits Discovery shares tanked today on these news items.  In my opinion it's unlikely that any action will be taken by the exchanges or regulators involved (either in Canada or the USA).  But Mr. Sprott has consistently represented himself as a pro-investor advocate when it comes to subjects such as short sales, etc.  

It will be interesting to see if he just sits back on this one.

GLTA.  Doug
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