Carsten Ringler:
I learned from Tudor Gold’s press release on March 7, 2017 that you entered into a consultancy agreement with the Canadian company. What exactly does Tudor Gold and why did you accept the offer to support them?
Ronald-Peter Stöferle:
Yes, I am really excited about my role in the team. Tudor Gold is a very promising gold exploration company active in the legendary ‘Golden Triangle’ region in British Columbia, Canada. The concession areas are located next to Seabridge Gold and Pretium Resources. The company is led by a very seasoned management team. The President and CEO of Tudor is Walter Storm with more than 50 years of global business experience. I know him for many, many years now and he is one of the greatest in the industry.
He financed also the startup of what became Osisko Mining. I have confidence in the management team and Tudor is active in an attractive region, which has the potential that an economic gold resource could be found. Moreover, it’s of course a takeover candidate, but the shareholder structure is extremely tight. Therefore, the price must be right, as Walter Storm holds almost 80% of the company. As mentioned, Osisko is basically the reason why I started writing and learning about gold, monetary history and mining stocks. Therefore, I am grateful to be a member of the team.
9)
Carsten Ringler:
Tudor seems to be active in a very promising region with prominent neighbors such as Pretium Resources and Seabridge Gold. Are you expecting any news flow from Tudor in the months ahead?
Ronald-Peter Stöferle:
Of course. The company is currently preparing an exploration program at their “Treaty Creek” property, which hopefully commences in the next weeks. The ‘Golden Triangle’ region is in the press again as Pretium Resources began commissioning their gold operation two weeks ago. And we should not forget, that the other neighbor – Seabridge – may be sitting on one of the largest undeveloped gold projects based on mineral reserves. The KSM project has reserves of 29 mio ounces of gold and 10 billion pounds of copper.
10)
Carsten Ringler:
Let’s have a look into your crystal ball. Could you share with our audience your price outlook for gold within the next 5 years? Are you expecting that the gold price might reach again the former all-time highs around 1,900 USD per ounce?
Ronald-Peter Stöferle:
Haha, you have to read the report to get my crystal ball. It’s “only” 170 pages. But no worries, we also have prepared a compact version of the report.
Read more at http://www.stockhouse.com/opinion/...-incrementum#VKilJHUvGUVkLFTp.99 |
