RE:Tudor ShareholderListen, mkt not happy with TUD for a number of reasons including massive overhang of anticipated financings as TUD must fund 100% of costs until a production decision is made. Theyve been spending around $25M on exploration/development a year and that will likely be much higher over the next few years. TUDs cash position is effectively 0 right now (maybe a few million)
Good news is you can avoid this dilution trap by taking a free ride with TUO or AMK!!!!
I think TC will eventually come to fruitiion. But many are concerned about 2 things: 1) Low grade - i think KK is makin some progress on this although its always gonna be a low grade deposit, and 2) Metallurgy - no economic processing demonstrated to date. Thats a fact. Its in the 43-101. BUT they think they can come up with something - we need them to PROVE it this year. Talk is cheap
Im still very long TUO with some AMK on the side and Some TUD salt for old time sake
Shadow10 wrote: Tudor has had to be one of my most disappointing stocks i have. I'm just venting here
Tudor one year ago. $1.58 - now .76
Skenna $8.87 - $6.94.
Artemis. $4.72. - $9.98
I want to hold onto Tudor, but its not making it easy. I dumped Skenna quiet a while ago as i think it's not worth holding onto and am a bit worried with their open pit and if they have a leak with their tailings pond and it leeches into the river system witch runs into the Stikine river .
So tell me what i am missing about Tudor .