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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 GuruNNon Oct 21, 2024 1:37am
95 Views
Post# 36274181

RE:RE:What BC can expect from Sea

RE:RE:What BC can expect from Sea
I think it's as clear as day. 
No major will make an offer for Seabridge if the tunnel issue is not finally resolved. It would therefore only be logical for every major to have the legal framework examined in detail by its lawyers and to include the legal position of Tudor Gold in the process. And this of course includes the good news about the Goldstorm deposit in general and about CS 600 and the supercells in particular. No major will therefore make an offer without first talking to Ken. 
And let's stay realistic.  
Gold, silver and copper are currently rising in value every day. And that makes KSM more and more interesting. But the CAPEX is still damn high at CAD 6, 8 or 10 billion. 
There are also other mining projects in Canada (besides Tudor) that are very interesting and cost far less and have a much shorter lead time. These will also become more interesting as precious metal prices rise. 

So a lot still has to happen before a major bites at Seabridge. 

And that is precisely Seabridge's problem. Seabridge is running out of time. Seabridge always advertises that the ratio of ounces to outstanding shares is so favorable. One of the reasons for this is that in March 2022 Seabridge has raised USD 225 mio. through forward sales. The funds will fall due if no commercial production decision (financing, construction, planning) has been made by March 2027. 
 
Just have a look yourself, it's a very interesting read.

So, you are absolutely right. Rudy has very good reasons to promote his tunnel desperately.

But it's not always fire when there is smoke. 

 
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