Post by
Mustang80 on Jul 24, 2021 12:48pm
Buyout Timing
Anyone care to speculate on buyout timing? Does it take TUD 6 months to complete spin-out? I think Stinger took 5 months to complete, but I have no clue if this process can be sped up. So then we potentially have a buyout early next year? Or are we going to continue to let the drills run for a longer period of time holding out for more. I honestly have no idea, but would love to hear any thoughts on this!
Comment by
NOMOREROLLBACKS on Jul 24, 2021 8:42pm
NOTHING CAN START UNTIL IT HAS BEEN PASSED AT A SHAREHOLDERS MEETING. WE HAVE NOT HAD A SHAREHOLDERS MEETING REGARDING THIS.......
Comment by
Mustang80 on Jul 24, 2021 9:36pm
Thanks for the reply & info! I realize I'm putting the cart before the horse, but I just was wanting to be optimistic, given what a great resource I believe we have.
Comment by
Varingianest777 on Jul 25, 2021 12:18pm
Morning. There won't be any buyouts untill Tudor and Teuton spinout their properties into new companies. There are several mining companies standing around with baited breath waiting on this to happen. Walter and Eric are not going to sell early. To say this is a world class property is an understatement!! I agree 50 million oz just on Goldstorm alone ( probably higher) Just my 2 bits.
Comment by
Varingianest777 on Jul 25, 2021 5:29pm
From my conversations Eureka should be 3-5 mill oz in size. And it starts at the surface, quite shallow. A low hanging fruit that will fund the entire Treaty creek play to who ever purchases it.
Comment by
fordster on Jul 25, 2021 8:20pm
Is it safe to reason, if Eureka is sheared off GoldStorm, then it continues under the glacier to Eureka... yes I agree with previous post: GoldStorm possibly 50 million and PSZ at least 60 million. 'Fun time just to sit back and wait. The manipulators are dropping it as far as possible in anticipation of assays. Hold tight