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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

Post by Sasha11on Jul 04, 2024 12:36pm
545 Views
Post# 36118326

Details Details

Details DetailsThe last couple of news releases smell of desperation.   The share price is tanked because experts know this is not a project, at least not the one they are trying to sell.   Tudor now seems to be alluding to a smaller higher grade (possibly partially underground) project.  But why lose the advantage of economies of scale for large open pit operation?   That is because the majority, perhaps close to all of their stated 25+ million ounces of a low grade resource is uneconomic.  They need to put out the sample grade, recovery, and method of the test work that is briefly referred to in the news release.  Compare that to the assumed mining cut-off grade and in context with their MRE.  How promoting of this illusion to the general public has been allowed for so long by the securities regulators is a joke, and why the TSX junior mining index is treated as such.

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