Tudor Gold Corp V.TUD

TEN DRILL RIGS this year

[cofro]

Ten diamond drill rigs are scheduled to be mobilized to site throughout the month of May for an aggressive diamond drilling program. While the priority remains to complete the exploration and definition of the Goldstorm Deposit, exploration drilling will follow up on several other discoveries including the Eureka Zone (EZ), located 800 meters southeast of GS, and the Company's newest discovery, Calm Before the Storm (CBS), located two kilometres northeast of GS.                              will probably have a few more discoveries. GLTA.

[cskhurasu]

Ten rigs are not a good sign. It's very difficult to manage such a large program efficiently. Each of the 10 rigs has to be mobilized and demobilized which is expensive. Ten rigs mean more crews, more camp space and expense. The resource to date didn't need 10 rigs. Has the program lost its focus? Is this because last year's program added very little to resoures? Which is why there

[karlschranz]

you talk such senseless bullshit

[Jetstream1281]

if you actually listen to Ken's interview he says he wants to nail down the boundaries of Goldstorm so they can do a PEA. He wants to simultaneously start on some of the other targets where he anticipates there may even be better numbers. Talk about blind bashing....

[fordster]

You know...I was always told 10 inches is better than 6 inches when it comes to nailing down boundaries.....I also concur with Karl: You're so off base, your ignorance exudes a public fowl Oder.

[MarcusA]

Fordste and Karl, yes, of course,  10 is better than 6.  Just think of it this way: Imagine 6 were mentioned in the PR, he very likley would have written " Why not 10?" I am trying to say  that the problem is not his ignorance of facts, its his intention to do harm.

[rockport1]

I agree, ten rigs is fantastic news. Since my primary holdings in Treaty Creek are in TUO, I am particularly happy, since we don't suffer any dilution with the carried interest.  The bigger the program the better.

[fordster]

Your dead on Marcus...CSK only exists to TRY to underestimate all things Tudor...man I wish he would mature up a little a realize we're all going to be on the same team...perhaps he's still upset that the tunnels aren't going through PSZ, GS, CBS and Orpiment.

[cskhurasu]

You are right. SEA's tunnels most certainly won't go through TUD deposits IF they are economic deposits.  As to the drilling, I estimate10 rigs working from May to November will need about $30 million or more or another $20 million raise this summer.

[stocktraderguy1]

the seabridge map looks like they are going right through the heart of the valley, and until the deposit bouna=daries are defined, am I correct in thinking that seabridge did drilliung on the treaty creek properrty, and have a route that does not run through mineralized rock? love "open in all directions" with goldstorm.... how big could this beast be?

[cskhurasu]

My understanding is that the drilling SEA did on Treaty Creek was for geotechnical data only, to assess the competence of the rock for tunnels. The core went to TUD for assaying. SEA's only concern is if a TUD deposit looks like it could be economic in which case they say they will change the tunnel route to avoid it. TUD is years away from demonstrating that anything they have is economic

[flashcash]

[stocktraderguy1]

thank you for the info

[TeckPro]

This individual is a big SEA pumper who gets all twisted out of shape when TUD gets really positive news. Our grades are steadily improving (way better than behind the Mountain) and it's affecting his or her sence of reality. Really sad because investors (like myself) added today. Probably just a bit jealous that we can afford 10 drills all at once. It's just common sense that as the

[rockport1]

Actually, ten rigs is fantastic news.  This deposit is so large and continues to grow.  They really want to find the limits of Goldstorm this year so they can get to that resource estimate.  Ten rigs gives them a decent shot to do that, unless, of course, the deposit keeps growing well beyond the expected boundaries.  To do an updated estimate now,  would waste funds when