Post by
Stockmoves1 on Feb 05, 2021 1:34pm
30mill oz...
puts a buyout on TUD at likely 10$ plus.. so even at 10 that puts AMK at a dollar now consider we are under water 70% .. that discrepancy will be handled and provide us closer to 170 on this calculation.. folks these are very ruff numbers.. if not speculation but others have shown numbers similiar and im starting to get my head around it...
Comment by
Whatamidoing1 on Feb 05, 2021 1:36pm
I kinda had us valued in the 14-15% of TUD as a conservative number.
Comment by
Stockmoves1 on Feb 05, 2021 1:39pm
this 300zone had to add a few oz lol... like a lot of addtional ounces.. Best near-surface intercept was from the 300 Horizon in GS-20-91 on Section 112+50 NE that averaged 0.856 gpt AuEq over 1033.5 meters (60.0-1093.5 m) containing an enriched portion of 532.5 meters (60.0-592.5 m) that averaged 1.112 gpt AuEq.
Comment by
McGolden on Feb 05, 2021 1:43pm
Im with you there sm1. If resource calc is in 25 to 30 mill range. Can the majors afford to let tud drill again this season with the chance to find another 10 20 mill oz I dont think so. Another reason that I think Walter will be looking for a Big premium to not drill. Using that as leverage to the premium price also use that leverage in a bidding war
Comment by
Whatamidoing1 on Feb 05, 2021 2:03pm
The big guys aren't into spending money on speculating. They would rather buy a proven resource. Mine in production or close to being developed. That's not saying they wouldn't want to take out amk and let TUD finish doing all the work to get it there.
Comment by
Stockmoves1 on Feb 05, 2021 2:10pm
I agree AMK could get taken out as a single entity first for some large company to get a foot in the door and annopunce their interest.. Buying TUD at $10 plus is a drop in the bucket for the big boys...,