Tudor Gold Corp V.TUD

Another delay for the PEA

[Sasha11]

The PEA keeps getting pushed back despite the necessary data being available.  It wont work at 1.2 g/t Au equiv so they hope to find some high grade.  Its fine to explore just don’t put out an ever increasing MRE, now over 25 M oz with nothing to support it economically.  Here’s what will likely happen in the next 2 or 3 years if they cant keep delaying the envitable.  Most Tudor management and directors will go on to other endeavors after collecting their bonuses and paychecks for as long as possible.  The independent professionals that were involved will do the same.  A new team will come in and may issue a news release (or not) stating the resource can’t be developed economically primarily due to grade vs the metallurgy and logistics.   The shareholders who capitalized this company at over $200 million while drilling uneconomic ground over many years on the promise of an elephant will be left holding the bag.

[alpha74]

I have rarely read such rubbish...

[TeckPro]

Yup. Anytime there is GOOD news the bashers are 1st to post inaccurate Hypothetical nonsence.  Perfect... Drill to hit some more high grade and then add assays to the PEA should be the plan.  2024 is going to be a good year, I can feel it in my bones-:)  GLTA Longs! 

[Larry60]

FUlly agree that they should ADD high grade to the PEA................aka they should put out PEA and update it within the next 12 months. It is a valid fear that they are averse to any PEA now for the fear that the economics will look terrible so theyre just CONTINUING TO elephant huntin in the hopes of finding high grade ......ideally VOK style. With enought time, money and smarts, I think

[firestarterm]

Good 'ol Larry.  Wannabee analyst. Yes the company news just screams that they are in Fear.   You are such an amateur. Run and catch up to your brother. I see the school bus coming! Mama

[Larry60]

firestorm, that NR is a big nuthin ball imho.  Nothing new.  Just spin. Call me all the names you want.  Blind cheerleading will not get us past the obstacles in our way.   Listen, should be back to a buck in no time.  But TUO and AMK will continue to outperform care of free ride to production decision on TUD's tab!!!

[firestarterm]

You are so transparent.   If I recall you held TUD, then ramped up the bashing of TUD (i assumed you sold your position), and then started talking up AMK  TOU and the free ride . You do realize they are all connected yes? Disclosure: I hold all three for last 3 years.  I would ask you your position but that really is your business and  inconsequential.   Not

[firestarterm]

Anteater = anyways.    My dumb auto correct.   :)

[Larry60]

like you, i always owned all 3.  A couple of years ago, I started seeing the challenge, and stupidity, in that.  Over the past year, almost all TUD was converted to TUO with some AMK on the side. While all 3 are tied to TC, TUD bears 100% of the cost of moving it forward.  Yet it trades at a relative premium to its partners.  At 80 cents, there is a chance TUD doubles its

[cskhurasu]

Dear Larry60 I salute your clear and consistent logic. TUD has to rework the deal with the other amigos. Since they don't have the key people like KK to push TC forward, I think they would have to agree to a more equitable deal.

[Larry60]

For a 1/3 a piece each deal, I would support a new JV.

[firestarterm]

Ok Sasha,  time to get going.   Grab your lunch on the way out the door.   The schoolbus is going to be here any minute! Be a good boy today. Mama.

[cskhurasu]

Sasha11, you have committed the venal sin of logically looking ahead. Why is the share price so low? My guess is that no one sees TC as an economic deposit because the data has not led to a robust PEA after 5 years of work on the project.

[CaptainE]

Dear, CSK, Sasha, Larry and L&S, I want you to be comfortable to know that this is a safe place. Now show us on the doll where Tudor touched you.  I find you guys bashing to be very compelling.  Have a nice day losers. 

[Larry60]

Call me all the names you want.  I post nothing but facts and rational thought. In the meantime, I'll enjoy my FREE ride on TC to a production decision with my TUO and AMK...........................ALL ON TUD'S NICKEL!!!!! I think TUD should just rip the bandaid off and raise $40 million from a strategic for 20% of TUD.  Would luv to see $$$$ go into advancing TC........on TUD&

[TeckPro]

Deat cskhurasu, You have boasted about not owning any TUD shares. TUD will have their PEA  this year but SEA will NOT have an MTT.  SEA still is yet to find a JV partner.  In July 11, 2022 "Seabridge spending $150M this year prepping KSM mine".  Almost 2 years later Zip, Zero, Nada.  https://www.biv.com/news/resources-agriculture/seabridge-spending-150m-year