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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 rockport1on Dec 14, 2024 11:30pm
79 Views
Post# 36362818

RE:The only logical answer is

RE:The only logical answer is

NineL, I think the most logical solution is for Seabridge is to re-route to the North and pay the Treaty Creek Three about $100 million.  I would find this acceptable to allow Seabridge to steralize any potential deposits (not yet discovered) on a Northern route.  

This removes the uncertainity overhang for both companies. Seabridge gets off cheap, relatively to compensation for sterilizing Goldstorm, Perfectstorm and CBS.  Tudor gets $60 million for exploration and developement; likely enough to complete a maiden and likely second PEA.  It might even be enough for a PFS.  Or they could alternatively use the funds for additional exploration of Eureka, Perfectstorm and CBS.

AMK and TUO both receive $20 million to fill their coffers.  TUO, in particular, could use the funds to advance their other properties to package them for potential Option partners.  AMK, I guess,... could find a use for the funds?

NineLives wrote: For SEA to buy Treaty Creek claims. It's not rocket science. Case closed your honour. How flexible is management ? or are they all short sighted and can't see the forest for the trees ?

 

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