RE:RE:COO Ryan Hoel presents at Denver Gold Show I am highly convinced that all the majors are fully aware of this problem and are therefore waiting to see what a possible tunnel solution will look like. And I'm pretty sure that most of the majors are talking with both companies.
BC suggested in November that both sides (Seabridge and Tudor) should sit down and discuss a solution. Apparently they didn't manage to do that, otherwise it would certainly have been announced.
And yes: On 22 June, Tudor Gold opposed the application of the new LOO submitted by Seabridge. In the same week, Seabridge received Substantial Started status for its mining activities.
I was quite surprised by this announcement. If Tudor is appealing, I would have expected the ministries to liaise with each other and properly review the situation before granting Seabridge the Substantial Started status.
The LOO and the mine status may be two legally different processes, but they cannot be separated factually.
And yet: BC will certainly make a Solomonic judgement. It cannot be in their interest to block one of the two projects.
Not to forget: BC is investing CAD 200 Mio. in upgrating key highway infrastructure in BC's golden triangle region.
Next week we will see where the journey takes us.
Next week we will see where the journey takes us.