Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 stockzorgon Oct 01, 2021 2:05pm
205 Views
Post# 33953222

RE:RE:RE:Everything is lining up

RE:RE:RE:Everything is lining up
Countrygent wrote: It's odd there is no mention of TUO and AMK in the NR - shouldn't they be on the hook for 20% each of the cost of this NSR buy-out?

As for price, if 1% of Goldstorm's 100% NSR was just priced out at around $11.5 million in TUD stock value at current market, that translates to an implied value for Goldstorm around $3.40 a share ... not a bad premium for the sellers, confident move by management?

cg

Not sure why TUO would be on the hook to buy out an NSR that AMK management sold to investors for good money several years ago.  It appears that AMK's contribution was to accept only 100,000 shares to give up their right to buy back some of the NSR later.
<< Previous
Bullboard Posts
Next >>