RE:RE:RE:RE:Risking Billions on potential alone is InsaneRUdis either gotta be puttin on a show or just plain burying his head in the sand.
For SEA JV talks to have any chance of resulting in something, Rudi either needs: i) and alternative plan for tunnels and/or processing plan, or ii) a slighly modified plan that also includes $$$$ for TUD that would make it worthwhile for them to sign on. THe 3rd route would be to let the regulators decide what comp SEA must pay - but, imho, no legit JV partner would want to leave it in the hands of regulators and/or uncertainty
paydirtontario wrote: TeckPro wrote: That's why I've always said TUD cannot continue to explore TC forever now that it's clear this is a monster.
Finalize Goldstorm with it's newly discovered Super Cells and work quickly to turn it into a mine. When all is said and done I'm guessing there will be well over 30 Million Oz of Gold plus tons of Silver and Copper.
When they get either a JV or a buyout the deal can include profit sharing when the remaining TC zones are drilled and finalized after Goldstorm becomes a mine.
I cannot see SEA getting a JV without the MTT, unless of course TUD is part of the deal.
All IMHO but that's the way I see this situation.
paydirtontario wrote:
highper wrote: A major needs to have a thorough understanding of the cost dynamic involved in buying, building out and mining a project before they sign aon the dotted line.. The goldstorm deposit needs further derisking before it can attract the top dollar from any prospective purchaser.. There is just too much money at stake to buy a pig that still sits in the proverbial poke.
thank you
any thoughts on where are money will be coming from ?
Of course Tudors not ready to sell but meanwhile they need cash and piles and piles of cash that will increase like mad my friend as burn through it at this phase
One would think Tudors most definitely in on the tunnel talks and whoever the big fish that's setting up a deal with Seabridge could also be in talks with Ken for a deal also . . .
there's only a couple big players up there and the money needed for this will become public knowledge in time
that's an optimistic view but snags could be weaved in too