Tudor Gold Corp V.TUD

Thinking out Loud.

[TeckPro]

1) This looks like a way to justify to a Major that TUD should be the 1st JV choice.

2)There have been several recent legal challenges as to the way BC Gov has been granting applications such as "The First Nations' court challenge to B.C.'s mineral rights system begins in 2023"

3) Because the MTT application was granted in 2014 it was not acted on quickly enough and before significant drilling by TUD was done many years later.

4) The extension of Right-of-way License SK904033 on Oct 03, 2018 after TUD purchased the controlling interest in Treaty Creek is suspect and likely to be the target of the recent application.

5) TUD has been drilling fron 2016 to 2023 (8 years) and has discovered a massive and lucrative deposit

6) This situation will probably require the 2 parties to negotiate a mutually acceptable solution, which probably means finding a new MTT route that does not affect TUD's valuable mineral discoveries. This will be a further delay for SEA while TUD prepares for their PEA.

Glad my investment is on the right side of the mountain!

All IMHO, DYODD, and good luck to the 3 Amigos Longs.

[Jetstream1281]

I don't really know anything about these kind of agreements....do they go on in perpetuity or is there a case to cancel them based on what the original owner does after they are granted? I would think there would be.... Like you said, SEA didn't start any formal exploration or geological drilling on the route until just recently....Things have changed a whole lot since that License of

[TeckPro]

I've been reading up on all the agreements I can get my hands on but they are very complex. 1)From the start I am not sure whether the MTT right away was already in place when Treaty Creek was sold to the very 1st purchaser. If it was not and there were no existing laws that allow this very curious transaction. 2) I'm pretty sure that these matters can take years sometimes which will at

[Jetstream1281]

Ultimately, all us average Joe's can do is speculate...and hope for the best.

[MaterialsMan]

Having only recently come aboard, I was not aware of these issues, which appear to go back a ways. I hope these two companies are not opposed to seeking a friendly outcome. The analogy of the FURY/ DV resolution may be appropriate. Both companies had highly prospective property on either side of the Kitsault Valley. They were reluctant to step out from their respective discoveries for whatever

[cskhurasu]

The Cown land underlying the Treaty Creek claims can serve multiple purposes at the same time. As the owner, the BC government gets to decide.  SEA has done a lot of work on the tunnels from drilling the rock type along the route to the engineering and evaluation of tunneling methods and equipment.. That's required for their Preliminary Feasibility Study. IF TC has an economic orebody

[thehammer2]

Remember this recent addition to the Team: "Mr. Rowe, PGeo, has specialized in mineral exploration for more than 40 years. Through these associations he has provided professional assistance to a number of public companies, including geological field work, property evaluations and technical reports. Mr. Rowe has been involved with the exploration programs conducted by the company and its