TeckPro wrote: Larry60,
You were on my ignore list for a very long time, but I just removed you in order to reply.
You are constantly here on the TUD thread pushing your views on TUO but please remember the following :
1)There will be NO DEAL without TUD!
2) TUD has done ALL the work!
3) ES has the largest investment in TUD!
4) Because a PEA is not completed, that does not give SEA the right to bulldoze directly through the present drill site and destroy the enormous potential value of Treaty Creek.
5) There was NO TIME LIMIT (as far as I know) placed by the BC Government on TUD to complete it's drill program, just like there were none placed on SEA either!
6) TUO is also a great company but I invested in TUD & AMK because I wanted my $$ when a JV deal is finally inked. TUO will get the cash and could decide to pump it directly into their many projects instead of handing it over to shareholders. They have not spin off any of their properties like AMK & TUD.
This is my main issue with TUO.
That said... I agree with you that the 1st PEA should have been done this year to show absolute confirmation (without a doubt) that this a an extremely valuable project. Remember... If it's not TUO will suffer the same fate so it really makes no difference.
Back to reality... If anyone thinks that KK and all the big investors have not already got confirmation (with their decades of experience) that TC is going to be an extreme success... Think again-:)
Larry60 wrote: I dont know what SEA needs to get a JV........I dont own it nor do I closely follow it. No doubt a renewal of the LOO would go a long way in gettin a JV!!!!!! I suppose realistic expectations would go a long way as well!!!!
THe lesson I take away from SEA, however, is that TUD is a few years and hundreds upond hundred of millions of dollars away from a production decision. That is why I am heavily weighted in TUO who has a free carry to production!!! TUD will likely have 2 to 5 times the number of shares outstanding by the time they make a production decision imho. They definately have reason to be looking for a buyer of ALL of TC. The other lesson I take away??? REALISTIC EXPECTATIONS!!!!!
ALL IMHO.....
Whatamidoing1 wrote: Larry60 wrote: my layperson view is that SEA will not be able to build anything throught the proven economic deposits that TUD has proven up.........at least not without agreement......and $. But that still allows for a massive gray zone wher the MTT might go .......
that is why I always said TUD need to get a PEA out asap.............it shows the economics, at least on a preliminary basis, of the resources they currently defined and that will be the basis of the argument in trying to stop SEA.........
take all the screenshots ya want....
If you can, please send a screenshot of the NR from TUD announcing the departure of their chief development and expoloration officer!!!!! TeckPro wrote: Be sure to take screenshots (like I do to protect my investment) of all these comments that are always contrary to basic common sense.
The Government granted TUD a right to drill / explore Treaty Creek (which is still not completed) and the results are getting better all the time.
The sheer audicity that a company believes that it can take decades to complete a tunnel by simply sitting back and expect to be given indefinite extensions by the Government to a permit expiration date is simply ludicrous.
DYODD all IMHO and respect to all the investors in the 3 Amigos.
Tud needs a PEA out right away? What about SEA? you better have a good answer for this one buddy. My reply is common sense and coming whether you answer or not. I'll give you sometime to think out the best BS you can come up with.
What about SEA, what does SEA need to do to get the JV they have been looking for?