Tudor Gold Corp V.TUD

Tudor is already working closely with some majors

[Robizounskin]

Interesting to see that Tudor is already working closely with some majors and they are orienting their drill program accordingly to the technical request of the Major’s consulting company, maybe an M&A with a major might be closer than we thought, look very good to me.
 
At the 4 minutes point of July/17/2023 podcast (Tudor Gold and First Drill Results from 2023) we can hear KK saying the following;
 
We had some guidance from some, some majors producers that have given us some parameters to work with, we also worked closely with their consulting company JDS Engineering here in Vancouver and the they were the one we actually sat down and did a scoping study and we actually back, sort of back track what will be the exploration basically parameters needed or the numbers that will be needed to make this a very robust economical deposit, which is the goal.

Link to the podcast bellow;

Tudor Gold and First Drill Results from 2023 par Mining Stock Daily (spotify.com)

[cskhurasu]

A very interesting statement from KK reported by Robizounskin. KK is basically saying that the drilling at TC to date does not provide the numbers for a robust economical deposit. And he knows this from a 'scoping' study, which has been my point all along....that you need a PEA to direct the right work to take the project forward. The drilling to date has been a treasure hunt. Now the

[Larry60]

Its good news, and bad news. The good news:  Ken realizes that they need to demonstrate that the deposit is economic.  Never hurts to receive some "guidance" from producers. The bad news.  Despite what many on this board keep blindly saying to the contrary, the deposit is nowhere close to being proven to being economic.  No one dobts the gold is there. 

[cskhurasu]

Whatever TUD's share price was going to get from dril results it has got already. Unless the results are an order of magnitude higher, the reaction is going to be the same as the reaction to the last drill release. The stock will go down. Because drill results are not what the market wants now.

[Larry60]

I agree,  Thats why I say really great results.  Something high grade, even if on a relative basis. Short of that, this is dead money at best until after they do a raise.