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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

Comment by cskhurasuon Jun 04, 2021 12:30pm
136 Views
Post# 33330312

RE:RE:RE:Still bullish on Tudor

RE:RE:RE:Still bullish on TudorYes, 95% of the TC gold reports to a concentrate and the grade of that concentrate is a little more than 2 grams per tonne. That's USD120 per tonne. From this you must pay for mining, milling, G&A and capital before you ship it. Shipping to Stewart and on by ship to a refiner will itself take most of the value of the gold in the concentrate, leaving too little for all the other costs, never mind profit. Yes, the tests to date are preliminary but they tell us there are serious issues with an ore that is refractory and doesn't concentrate well. 95% is not a good recovery if it requires further processing of 40% of the ore.
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