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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

Post by TeckProon Jul 19, 2023 10:18am
249 Views
Post# 35547806

Thinking out Loud.

Thinking out Loud. 1) This looks like a way to justify to a Major that TUD should be the 1st JV choice.

2)There have been several recent legal challenges as to the way BC Gov has been granting applications such as "The First Nations' court challenge to B.C.'s mineral rights system begins in 2023"

3) Because the MTT application was granted in 2014 it was not acted on quickly enough and before significant drilling by TUD was done many years later.

4) The extension of Right-of-way License SK904033 on Oct 03, 2018 after TUD purchased the controlling interest in Treaty Creek is suspect and likely to be the target of the recent application.

5) TUD has been drilling fron 2016 to 2023 (8 years) and has discovered a massive and lucrative deposit

6) This situation will probably require the 2 parties to negotiate a mutually acceptable solution, which probably means finding a new MTT route that does not affect TUD's valuable mineral discoveries. This will be a further delay for SEA while TUD prepares for their PEA.

Glad my investment is on the right side of the mountain!

All IMHO, DYODD, and good luck to the 3 Amigos Longs. 
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