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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 Larry60on Apr 19, 2024 1:39pm
73 Views
Post# 35998428

RE:RE:RE:RE:RE:RE:RE:RE:Should Tudor buy out AMK now?

RE:RE:RE:RE:RE:RE:RE:RE:Should Tudor buy out AMK now?a few more points I forgot to mention:

1)  AMK burns through more cash than TUO.  Dino runs TUO like a tight ship.  AMk has about $800k of cash expesnses last year, TUO had about 1/2 and theyre runing a real company with other assets and cash flow (earn in payments)
2)  TUO, aside from its TUD NSR and 25+ other properties/nsrs, also has a portfolio of traded securties.  Worth about $10M.  So if you back that out, getting the NSR and properties for free and then some.

Agree that AMK needs to tighen things up.

bigboy999 wrote: Rockport1 posted:

"You would think that $600k a year would be enough, but review the financial statements.  From 2016 to 2022 (2023 not released yet), they averaged 12% dilution every year.  For the amount of activity in AMK, somebody(s) is/are very well paid."

I would call that an understatement Rockport1. In light of that I'm curious that in the event of a buy-out what lattitude, if any, does management have in awarding themselves a golden handshake. In a public company this should decided by the board of directors, yes?  Wonder who's on the BOD? 

................... BB


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