RE:RE:RE:RE:RE:Newbies know nothingSEA this... SEA that... SEA still has NO buyer or JV partner!
You are an anonymous nobody rambling and spewing inaccurate information about TUD that may well get you in hot water!
Fact is that SEA has no tunnel plans verified and confirmed and they remain stuck behind the Mountain with lesser grades than TUD. Only a Lunatic would either purchase or JV with SEA without prior agreements solidifying "the TUD key" to access.
I say minimum $5.00 per share for access ONLY!
You keep regurgitating the same unfounded hypotheticals day after day, month after month, are you really that daft?
cskhurasu wrote: Jetstream, you have some facts but you are missing others. Yes, you can get 100 to one concentrations from ore and that's what makes low grade profitable. SEA, your next door neighbour, is getting roughly 100 to one concentration from their ore processing according to their PFS so they get a high value concentrate they can ship to a smelter thousands of miles away.
In TUD's Technical Report, the ore concentrates only 60% , creating a concentrate grading just 2.7 grams of gold per tonne which is not shippable. The degree of concentration is limited by the refractory nature of the material. SEA concentrate is more than 60 grams of gold per tonne as I recall so it works even though the ore grade is low. Their ore is not refractory.
The new high grade discovered by TUD may be easier to concentrate...it may not be refractory. We don't know yet. But the multi-million ounce resource estimate reported so far IS refractory based on TUD's own Technical Report. Also, as previously stated, to get a resource estimate of the higher grade material at depth will require a ton of additional drilling and that takes big bucks.
I understand this is not what you want to hear.