Tudor Gold Corp V.TUD

Alternate Symbol(s): TDRRF

Metals & Mining Industrial Metals & Minerals

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

Tudor Gold Corp > Tudor Gold Announces $6.0 Million Private Placement

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Comment by rusty111on Jun 24, 2021 4:51pm

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Post# 33445786

RE:RE:RE:RE:RE:RE:RE:Tudor Gold Announces $6.0 Million Private Placement

Price action tomorrow ?
it's going to take more then a PP to get serious volume happening here.

stockzorg wrote:

LonghandStrong wrote:
I wonder what the conditions are for subsequent tranches of this PP to be released. Zorg, ideas?

Good question LonghandStrong. What makes Tudor think I'll pay $3/share with no warrants when the stock closed at $2.48? That's a 20%+ premium. Pure guts? Wishful thinking? Or is there something else? But it certainly has me wondering if I should accumulate some shares tomorrow morning in the open market.

An oversubscription on this one should put any questions to rest as to the ability to raise money for drilling. The amount of time it takes to close could also tell a story. I think we can agree these terms are aggressive. Tudor clearly believes they have pricing power.

Teuton and American Creek are at even more extreme discounts. It will be interesting to see the price action tomorrow.

GLTA. Doug