RE:RE:RE:New Press Release - Tudor Gold Continues to Significantly Expand the Goldstorm Deposit to the Northeast as Step-Out Hole GS-23-170 Intersects 1.48 g/t AuEQ over 210 m Within 516 m Grading 1.19 g/t AuEQ, Outside the Goldstorm Deposit Mineral Resource AreaSo KK makes it clear there will be no PEA until he has drilled off the entire potential of the TC deposits out to their limits. So he is putting in place the drill pads for the 2024 drill season.
A PEA would probably cost less than a deep drill hole and would have 100 times the value to the stock price, assuming it shows potential for an economic deposit. KK does not need to drill the TC deposits to their limits. He has enough resources now to work with. The drilling he is doing now can wait, UNLESS HE THINKS HE HAS NOT YET DRILLED AN ECONOMIC DEPOSIT.