Post by
highper on Mar 16, 2022 11:43pm
I wonder if teuton will participate in the tudor financing
The price is right and the warrants look enticing.
More importantly, there is a historical drill hole near the road up from the glacier to the eureka zone. It was sited within a stone's throw from where tudor's road sampling program turned up some solid results.
Was it a dud and abandoned, or did it come up with a significant result. Due to the difficult fractured rock condition, recoveries at the time were very poor, but adjustments have been made with the drill rigs and with the drilling diameter size....
Some assays for the eureka drilling are tabled within Big Ed's technical report for treaty creek. However, I can't ascertain the drill number for that particular drill site. Dino might well know the drill hole number, the assay if anything was found there, and have an idea of how much of the drill core was lost due to the difficult rock conditions. Like us, he also knows the area of interest is 300 meters north or north east from tudor's single drill test at eureka.
It will be interesting to see if teuton likes the odds for tudor's potential extension of the eureka zone to a point 300 meters away from the discovery hole..
If teuton participates in the tudor offering it might be considered as a tell. However, teuton has many more options and opportunities to choose from... Dino will be looking for the best ones... so time will tell and the Tudor offering should close quickly unless investment money has been scared off by the turmoil going on in the financial markets as of late..
Hey and what if there is a higher grade area beneath the goldstorm sone. The initial deep drill results indicate such a possiiblity, at any rate. Stay tuned and we'll see if teuton participates in the tudor offering..
Comment by
Fabe on Mar 17, 2022 6:13pm
Great post. And I would add and/or a VOK type deposit under Perfectstorm.
Comment by
highper on Mar 17, 2022 8:03pm
Dino has been doing an excellent job. Whatever he decides is in the best interests of the shareholders is OK by me...Teuton is a treaty creek partner so he has access to what tudor is kicking up...Time will tell. I'm surprised the pp hasn't closed....
Comment by
Fabe on Apr 07, 2022 2:55pm
Highper, keep that crystal ball not too far. Could be useful one day :-)