TUD vs TUO. I have seen that various posters on here have their personal preferences on one over the other. According to Marketscreener.com ES holds the following: 31,655,319 TUD vs 13,140,000 TUO which is a 2.4 ratio.
On that note imho any TC amigo is preferable to SEA at these undervalued prices since we are in front of the mountain, closer to the highway (plus no tunnels required), and better grades. We are all aware that TUD bears the cost of exploration until production, but how soon will a deal be struck? GS has proven to be way larger than anyone could have imagined. Does anyone know whether the agreement specifies any specific zones to be drilled, or is there a time limit, or is there an exception clause where TUD can request funds from the other 2 Amigos due to extraordinary circumstances? Precisely because they have located new zones in addition to the expansive GS I just don't see TUD funding drilling solo and indifinitely especially on all the new discoveries.
Regardless 2022 is going to be a very interesting year!