Larry60 wrote: Many investors wanting in?????????? Seriously???? That must explain why there is no major support in the market?!?!?!?!??!?!?!?!?!
Oversubscribed financings? Sure, after the they reprice. Remember the deal a year ago? Dragged on forever. And then they said they were upsizing due to "demand" yet they LOWERED THE PRICE OF THE DEAL???????????? What a disaster.
Every deal the last couple of years has come out with FLow Throught and, even worse, and a discount to market!!!!!!!!! which means effective price was at huge discount to marker!!!!!!!!!!!!! IMHO, that is one of the reasons why we see continued selling pressure on an ongoing basis.
Luv that we have Eric Sprott on board, but aside from him I do NOT see ANY other real long term investors aside from the estate of Walter (and given control position, they have no choice but to hold until final exit!).
As for the "research" you quoted, it is not worth the paper it was written on (nbot to mention tud PAID for that so called "research")
TUDs got something here. But they need to prove some things up, like metallurgy and economics, to get us out of this dilutive downward vortex!!!!!!!!!!!!!!!!!
fordster wrote: Larry you actually believe 10 mil $ of "go away money" from Sea to Tud is good, when the entire Gold Storm would be sacrificed...unable to do any deep block cave etc?...
Oh BTW...Tud isn't hard up for 10 million. We make money the old fashion way: we have many many investors wanting in.