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Tudor currently has no money for exploration at treaty creek. They can raise some money for exploration purposes, but given their dilutionary dilemma their priority must be to limit their share dilution until they are ready to proceed with the decline into the goldstorm deposit… So what is ken going to do in the interim --- sit on the bench? Is his demotion to senior vice president of exploration some kind of a joke? Ovsenek never even bothered to reassure the shareholders that Ken’s seat on the board of directors was secure. Well it doesn’t make sense to me unless Tudor is expecting some alternate source of financing to emerge— from a major perhaps? Then ken would be able to fully exercise his exceptional talent on behalf of the shareholders.
Ken Konkin will remain with the Company and resume his previous role as Senior Vice President of Exploration.
Ken Konkin, Senior Vice President of Exploration and Director, commented: " I look forward to rejoining the technical team where I believe I can best apply my specific skill set as a base and precious metals explorationist.
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