Tudor Gold Corp V.TUD

Treaty Creek Buyers Have a Problem

[stockzorg]

Let's say I'm a major gold company and I can't find any new reserves by exploring, so I want to buy some.  For the sake of argument, let's say that Goldstorm's owners would sell Treaty Creek this year for about $1 Billion (~15 million oz. of open pit gold for about $65/oz in the ground - Yamana just went for a much higher price).  $600 million to TUD, $200 million to TUO and AMK.

Here's the problem.  Mr. Konkin is consistently finding higher grade gold this season.  At any time he could tap into a VOK-like area - there has been mention already that the most recent core is beginning to resemble that type of deposit.

If I'm a major gold company that waits too long, KK hits the Treaty Creek version of VOK and the price just went up to $2.8 Billion.  $1.68 Billion for TUD, $560 million for TUO and AMK.

During a drilling season like this, every day that goes by is a day that could increase my return nearly three times.  Every day the majors sit on their hands is a day they could end up paying me three times the number of shares.

If that day comes, no one is going to remember that in a difficult market where the short-sellers had a temporary advantage, Tudor had an interesting time raising funds to complete this year's drilling season and fund a new resource estimate and PEA.  I, for one, will have better things to do.  I will, however, take a moment to thank folks like TudManiac for the low prices that maximized my gains.  [I won't be sending him a percentage though, because he didn't exactly have my best interests in mind :>].

Do your own DD.  GLTA.  Doug

[Jetstream1281]

Exactly my view as well!! Without these scum I doubt we get the chance to load at these prices.... I highly doubt we'd settle for 2 billion even at this point in time....but even if we did that would give us a 10 bagger.

[Jetstream1281]

at current prices and current resource we have 28.5 Billion dollars of gold. Good luck buying it for 2 billion....especially after the next resource update/PEA....

[Robizounskin]

Jets don't be confused mixing spot gold price (retail price) with gold in ground value, very big difference, but both are closely related with market variations.

[Jetstream1281]

My point is that even at our current levels we'd only be getting less than $120 an oz.....and everyone knows there's a LOT more gold there....so no I doubt any low ball offers would be approved...

[TudManiak]

Jetstrung, you make a fool of yourself when you suggest we have $28.5 billion of gold in the ground!!!!! We have a resources, which is great.  But its 0.68g/t Au in the middle of  mountains and glaciers....................the way to value that is to look at the economics of it!!!!!!!!!!! What Yamana went for an oz is irrelevant...............they are a PRODUCER............they have

[karlschranz]

i have never read such garbage!???

[TudManiak]

agreed, but its to be expected from Jestgream...............hes a flaming dumpster..............proven his lack of knowledge and credibility day after day.............lets cut him some slack though... cant blame a guy for dreamin...

[karlschranz]

Maniac you are talking like a five year old child . It's utter nonsense - you really do not know anything about mining. Why ???

[TudManiak]

OK OK you got me......................Tud is worth $29 Billion..............donta worry bout grade, depth, exxtraction cost, metalurgy, transportation, capex......................thats for 5 year olds!!!!!!!!!!!!!!!! Lets be a big boy and just say TUD is worth $29 billon, no way we sellin for $2 billion!!!!!!!!!!!!!!!!!!.....................which would be a ten bagger from here...................

[Jetstream1281]

Just ignore him Karl....it cleans the board up nicely. You won't get anywhere with paid bashers. I learned it's just not worth the effort...nobody listens to him anyway so you may as well not put up with his garbage....

[TudManiak]

Jetstream, you talkin about me again???  sooooooooooooooo sweet!!!!!!!!!!! To think of me when you can be thinking of your  $100 to $150 per tud share you think youre gonna get is just so nice.......

[TudManiak]

Show me da money!!!!!!!!!!!!!!!!!!! $8 million at $1.45 and $1.75...................LETS KEEP THOS DRILLS TURNIN...................... HOPING for press release tonight!!!!!!!!!!!!!!!!!!!!!!!!!! Lets get back to price of $1.70 right before disastrous pp!!!!!!!!!!!!!!!!!!!!!!

[fordster]

So true JS...at least Longh and Strong held your attention where you just had to follow him. Maniac is such a mess, he's ineffectual as a shorter...you just have to ignore him for peace of mind....Now CSK, he's redundant on the same old boring make believe topics, but there's absolutely no interest in ignoring him....Hey, CSK....tell your bosses to ax Maniac so you can keep coming back

[Jetstream1281]

I have him on ignore but I can only assume you are referring to the Maniac...nobody else would warrant such a response...

[TudManiak]

Sure you have me on ignore Jetstrung.................dats why youre always talkin about me...Tudlarious!!!! Keep dreamin about your $28 billion..............you have no idea of how to value a gold company let alon a junior explorer....... Anyhoo, still think the deal is done 1 way or another this week................dey seem to be holding it close to a buck for a reason............... Post

[TudManiak]

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[stockzorg]

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[TudManiak]

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