So much Seabridge noise here Why is there so much talk about Seabridge SS Determination on the Tudor Board? Basically, it's a Seabridge problem, not a Tudor problem.
But it becomes a Tudor problem when on a Monday in July Tudor publishes an objection to Seabridge's MTT (LoO) application and in the same week Seabridge is awarded SS Determination by the Ministry. This was despite the fact that the deadline for the SS Determination would not have expired until spring 2026. The Ministry had no time pressure at all, or did it?
I remain firmly convinced that Tudor will legally question or challenge the LoO award at the end of September.
Seabridge now has a credibility problem. Statements that Rudy Fronk made (Tudor only has fractional gold, will never be a mine, etc.) will sooner or later fall on his feet. I can well imagine that there is a lot of stress on the Seabridge board right now, especially if Tudor really does publish its own view. So far, only Seabridge has ever spoken.
Seabridge has been looking desperately for a JV partner for many years and has said publicly in Denver that one party should be found in 6 to 9 months, after several interested parties had already completed the technical DD (I stick to the subjunctive). Once again, nothing is likely to happen.
One day Seabridge shareholders will ask: Is Rudy still the guy to fix all these problems?
But more exciting is the General Meeting on Wednesday. What will the AMK voters decide? And will Cunningham present the 210 Mio. CAD which they have in their pockets??
If the deal is done, it will have an effect on the Tudor SP.