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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

Comment by cskhurasuon Jul 19, 2023 5:43pm
107 Views
Post# 35548805

RE:RE:RE:RE:RE:Good Questions

RE:RE:RE:RE:RE:Good QuestionsI can't speak for SEA but I remember that Chairman Rudi had said the tunnel route could be moved if needed to accomodate a TC economic deposit. There was no conflict until TUD decided to dispute SEA's License with their Application? It looks like TUD initiated an action and SEA is defending itself and disclosing the issues from their point of view. 

It looks like the situation is no longer one of co-operation.

It doesn't make sense to me that TUD is claiming a loss of value due to the tunnels when they have not established what the value is they have lost, how they lost it and how it is calculated. You need a lot of data for that and TUD doesn't have it.

You would think all else being equal, BC is going to make decisions based on what's good for BC. They only granted SEA their tunnel permits after SEA had already obtained their Environmental Assessment Certificate. To get that SEA had to generate exhaustive data of KSM's economic benefits and environmental impact. Doesn't TUD have to show the same level of data and benefits to get equal standing?

I think BC will look to accomodate everyone's interests if it can be done. But TUD appears to have declared they can't live with that because their 'value' has been 'destroyed'.
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