Tudor Gold - Das neue Baby von Walter Storm
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eröffnet am: | 19.05.17 14:29 von: | GuruN | Anzahl Beiträge: | 265 |
neuester Beitrag: | 20.12.24 08:01 von: | PolluxEnergy | Leser gesamt: | 121834 |
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interessant
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witzig
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gut analysiert
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informativ
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TUDOR GOLD CLOSES $9.6 MILLION PRIVATE PLACEMENT WITH JOINT VENTURE PARTNER TEUTON RESOURCES CORP. NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC, April 27, 2021 - Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the "Company" or "Tudor Gold") is pleased to announce that the Company has completed a non-brokered private placement of 1,000,000 flow-through common shares (the ?FT Shares?) at a price of $3.60 per FT Share and 2,000,000 non-flow-through common shares (the ?NFT Shares?) at a price of $3.00, for aggregate gross proceeds of $9,600,000 (the ?Private Placement?) with the Company?s joint venture partner Teuton Resources Corp. (TSX.V: TUO) ("Teuton"). Walter Storm, President and CEO of Tudor Gold, stated: "This significant equity investment by Teuton, our 20% partner in Treaty Creek, is a very strong endorsement of both Tudor Gold and the Treaty Creek project. We are pleased that our partner Teuton and their President and CEO Dino Cremonese have so much confidence in the Treaty Creek project and in Tudor Gold as the operator of the Treaty Creek project. This is a very exciting time for Tudor Gold and its shareholders, as Tudor Gold prepares to aggressively advance the Treaty Creek project. Tudor Gold is very eager to begin this year`s exploration program at Treaty Creek and will provide shareholders with regular updates as exploration at the Project develops." Net proceeds of the Private Placement will be used to advance exploration of the Treaty Creek Project as well as for general working capital purposes. All securities issued pursuant to the Private Placement are subject to a statutory four-month hold period. No finder's fees were paid in connection with the Private Placement. The Private Placement is subject to receipt of final approval of the TSX Venture Exchange.
stockwatch.com
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VANCOUVER, BC, May 25th, 2021 - Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the "Company" or "Tudor Gold") is pleased to announce the commencement of the 2021 exploration program at their flagship property, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia. Diamond drilling has begun on the Goldstorm Deposit, which is on-trend from Seabridge Gold?s KSM Project located five kilometers to the southwest. The first two drills have arrived and have begun drilling the 30,000 meter, fully funded, Phase l exploration program. Six drills will be used for this deposit delineation and property exploration program.
Tudor Gold?s Vice President of Exploration and Project Development, Ken Konkin, P.Geo., states: ?Crews have been on site for several weeks preparing our drill camp and our lower exploration camp to receive our first two drill teams. This season had a remarkably deep snowpack compared to that of previous years. Our crews took advantage of the high snow level and excellent weather conditions during April and May to transport heavy equipment and drilling supplies to our site utilizing the South Treaty Glacier route. Avalanche technicians safely guided the convoy of equipment over the pass that connects to the Pretium Resources? Knipple Glacier ice road.
The priority of our exploration program this year is to define the limits of the Goldstorm Deposit, as it currently remains open to expansion in all directions and at depth. Furthermore, we will attempt to convert as much of the 7.9 million ounces of gold equivalent (AuEq) Inferred Resources to the Measured and Indicated Resource categories that currently total 19.41 million ounces of AuEq. In addition to drilling at Goldstorm (GS), we will also continue our drilling at Perfect Storm (PSZ) and other targets, including the Eureka Zone (EZ). Approximately 90% of the planned drilling will be undertaken at Goldstorm while two 300-meter southwestern step-out holes are initially planned for Perfect Storm, and one hole at Eureka. We expect to add two more drills in the following week?.
Tudor Gold Corp and our associated service companies have taken extreme measures to maintain the highest professional standards while working within COVID-19 health and safety protocols. Only essential personnel are permitted to enter the camp and staging areas. Of those workers who are at the project site and staging site, we have strict daily monitoring of the workers temperatures and general health conditions. We have a certified paramedic at the staging area to examine all in-coming and out-going workers of all Tudor personnel and all service providers.
Walter Storm, President and CEO, stated: ?We are all very pleased to see the safe start-up of the 2021 exploration program thanks to the hard work and dedication of our crews. I would also like to thank our good neighbours along our southern boundary; we very much appreciate the management and staff at Pretium Resources for their assistance and permission to transport vital heavy equipment and drill supplies to our site from their Brucejack Mine access road. Last year we completed our most successful exploration season at Treaty Creek, which provided the results for our Initial Mineral Resource Estimate. Our goal this year is to complete the drilling of the Goldstorm Deposit to hopefully expand and finalize the Mineral Resource Estimate. With this, we can then proceed with a Preliminary Economic Assessment (PEA) for 2022. We also have several high-level targets to explore at Treaty Creek, with the goal of identifying the nature and grade of gold distribution within the Perfect Storm and Eureka targets.?
Qualified Person
The Qualified Person for this news release for the purposes of National Instrument 43-101 is the Company?s Vice President Project Development, Ken Konkin, P.Geo. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.
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Meines Erachtens eine Sache von 6 Wochen.
2. Das Eureka Gebiet wird erstmals gedrillt(naja es gibt historische Bohrungen und
Konkin sprach immer von 3 Millionen Unzen auf Eureka)
3. PS2 wird gedrillt von dem Konkin die gleiche Menge Unzen wie in Goldstorm erwartet.
Die Anomalie ist in der Präsentation gewaltig!
4. Alles spricht für ca. 45 bis 50 Mio Unzen am Ende der Saison.
Gehen wir mal von vorsichtigen 50 bis 60 Dollar die Unze aus kann jeder selbst rechnen.
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Ich würde gerne mal wissen inwieweit der Storm noch mit den
Brokerhäusern in Verbindung steht:
Walter Storm, President and CEO, stated: ?We are all very pleased to see the safe start-up of the 2021 exploration program thanks to the hard work and dedication of our crews. I would also like to thank our good neighbours along our southern boundary; we very much appreciate the management and staff at Pretium Resources for their assistance and permission to transport vital heavy equipment and drill supplies to our site from their Brucejack Mine access road. Last year we completed our most successful exploration season at Treaty Creek, which provided the results for our Initial Mineral Resource Estimate. Our goal this year is to complete the drilling of the Goldstorm Deposit to hopefully expand and finalize the Mineral Resource Estimate. With this, we can then proceed with a Preliminary Economic Assessment (PEA) for 2022. We also have several high-level targets to explore at Treaty Creek, with the goal of identifying the nature and grade of gold distribution within the Perfect Storm and Eureka targets.?
Also arbeiten sie schonmal mit Pretium zusammen. Seabridge ebenfalls.
Ich kann mir nicht vorstellen , daß auch nur einer der großen Produzenten dieses Asset nicht
kaufen will.
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man muss mal Goldstorm mit 27 Mio Unzen mit PS2 vergleichen.....
Die Antwort lautet 50 bis 60 Mio Unzen. Nur noch unglaublich.....
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Tudor Gold Announces $6.0 Million Private Placement
Closes First Tranche Consisting of $1.5M Flow Through Financing at $3.60 per Share
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR
DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC, June 22, 2021 - Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the "Company" or "Tudor Gold") is pleased to announce the Company intends to complete a non-brokered private placement consisting of 555,555 flow-through common shares (the ?FT Shares?) at a price of $3.60 per FT Share and 1,333,334 non-flow-through common shares (the ?NFT Shares?) at a price of $3.00 per NFT Share, for aggregate gross proceeds of $6,000,000 (the ?Private Placement?).
Further to the announcement, Tudor Gold is pleased to report it has closed the first tranche of the Private Placement through the issuance of 426,500 FT Shares at a price of $3.60 per share for gross proceeds of approximately $1,535,000.
Net proceeds of the Private Placement will be used to advance exploration of the Treaty Creek Project as well as for general working capital purposes.
All securities issued pursuant to the Private Placement are subject to a statutory four-month hold period. The Private Placement is subject to receipt of final approval of the TSX Venture Exchange.
In connection with the closing of the first tranche of the Private Placement, the Company paid certain finders a cash finder?s fee of up to 6% of the gross proceeds from investors introduced to the Company by such finder and issued an aggregate total of 16,976 non-transferrable finder?s warrants to certain arm?s length registered dealers. Each finder?s warrant entitles the holder to acquire one common share of Tudor Gold for an exercise price of $3.60 per share for a period of 12 months from its issue date.
The securities being offered under the private placement have not been, nor will they be registered under the United States Securities Act of 1933, as amended, or state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. federal and state registration or an applicable exemption from the U.S. registration requirements. This release does not constitute an offer for sale of securities in the United States.
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Super Interview with Ken Konkin
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Es wird alles für eine Übernahme vorbereitet! Zumindest könnte das der Grund sein.
Tudor Gold Announces Proposed Spin-Off of Crown Property
V.TUD | 12 hours ago
Vancouver, British Columbia--(Newsfile Corp. - July 13, 2021) - Tudor Gold Corp. (TSXV: TUD) (FSE: TUC) (the "Company" or "Tudor Gold") is pleased to announce the proposed spin-off of its six contiguous mineral properties located in the Golden Triangle Area in northwestern British Columbia by way of a plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia).
In furtherance thereof, the Company has entered into an arrangement agreement (the "Agreement") with Goldstorm Metals Corp. ("Goldstorm"), a wholly-owned subsidiary of the Company. Pursuant to the Arrangement, among other things:
Tudor Gold shareholders will receive approximately 0.253 of a common share of Goldstorm (each whole common share, a "Goldstorm Share") for every one common share of Tudor Gold held; and
Goldstorm will acquire the Company's six contiguous Golden Triangle Area mineral properties, being the Mackie East, Mackie West, Fairweather, High North, Delta and Orion and Electrum properties (collectively, the "Crown Property") in consideration for Goldstorm issuing 44,999,999 Goldstorm Shares to Tudor Gold.
The Agreement also contemplates the completion of an additional non-brokered private placement of Goldstorm Shares for gross proceeds of at least $3 million. The board of directors of Tudor Gold has determined that the Arrangement is in the best interests of the Company. Among other things, the separation of the Crown Property into a separate public company will position such assets to be valued on a standalone basis. In addition, the transaction will allow Tudor Gold management to focus their efforts on the development of its flagship Treaty Creek property with Goldstorm's management to focus on exploring and developing the Crown Property.
Walter Storm, President and Chief Executive Officer of Tudor Gold stated: "We are pleased to announce the Arrangement, which we believe will help unlock and maximize value for our shareholders. On completion, Goldstorm will be positioned well to advance our efforts in the Golden Triangle Area, with a strong balance sheet and experienced management team. We look forward to updating shareholders on this transaction as it progresses."
The Company intends to apply for a listing of the Goldstorm Shares on the TSX Venture Exchange (the "TSX-V"). Any such listing will be subject to Goldstorm fulfilling all of the requirements of the TSX-V.
It is currently expected that the directors of Goldstorm on completion of the Arrangement, will consist of Walter Storm, Sean Pownall, Ken Konkin, Helmut Finger and Ronald-Peter Stöferle, with Mr. Konkin acting as President and Chief Executive Officer and Scott Davis acting as Chief Financial Officer.
In addition, pursuant to the Arrangement, holders of Tudor Gold options will exchange such securities for new options of Tudor Gold. The Arrangement is expected to be effected by way of a plan of arrangement under the Business Corporations Act (British Columbia) and remains subject to customary conditions, including, among other things, the approval by the TSX-V, approval by an affirmative vote of 66 2/3% of shareholders of the Company in attendance at a meeting of Tudor Gold's shareholders (the "Meeting"), and approval of the Supreme Court of British Columbia.
Additional details of the Arrangement will be included in the information circular to be mailed to shareholders of Tudor Gold in connection with the Meeting referred to above.tzt
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Da lag im Verkauf auf jeden Fall eine Eisbergorder.
Meine Käufe tauchten gar nicht auf.
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Der Goldpreis ist ja relativ stabil und die News, die immer wieder erscheinen, hören sich meiner Meinung nach auch recht gut an.
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......auf dem Weg zu 50 Millionen Unzen??
https://stockhouse.com/news/press-releases/2021/...-474-0-meters-of-1
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https://www.youtube.com/watch?v=2wEotatV-V0&t=769s Listen to the minute 12:20...
The Sprott boys are still ultra-bullish on Tudor !!
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2021-08-30 06:19 ET - News Release
Mr. Walter Storm reports
TUDOR GOLD INTERSECTS 972.0 METERS OF 1.265 G/T GOLD EQ INCLUDING 405.0 METERS OF 1.439 G/T GOLD EQ AND 456.0 METERS OF 1.352 G/T GOLD EQ IN STEP-OUT DRILL HOLE GS-21-113 AT THE GOLDSTORM DEPOSIT, TREATY CREEK, NORTHWEST B.C.
Tudor Gold Corp. has released the second set of results from the 2021 resource expansion and definition drilling program for the Goldstorm deposit at its flagship property, Treaty Creek. The project is located in the heart of the Golden Triangle of northwestern British Columbia and is on-trend from Seabridge's KSM Project located five kilometers southwest of the Goldstorm Deposit. Exploration at Treaty Creek is ongoing at Goldstorm and Eureka zones with six diamond drills now fully crewed. Results have recently been received from MSA Labs for nine diamond drill holes, which are presented below.
Treaty Creek, Drilling Highlights include:
An exceptional extension of the 300 Horizon and CS600 to the northeast in hole GS-21-113 that contains 972.0 meters (m) of 1.265 g/t AuEq including 456.0 m of 1.352 g/t AuEq in the 300 Horizon and 405.0 m of 1.439 g/t AuEq in CS-600.
Strong, consistent mineralization in GS-21-112 which further extends DS-5 to the northwest with 219.0 m of 1.287 g/t AuEq including 79.5 m of 2.079 g/t AuEq or 156.0 m of 1.557 g/t AuEq.
Mineralization of the 300 Horizon in GS-21-111 totals 613.5 m of 0.869 g/t AuEq, which included an enriched section of 120.0 m averaging 1.974 g/t AuEq within 351.0 m of 1.253 g/t AuEq.
Near-surface gold mineralization continues along the SW trend for over a kilometer at Perfect Storm as PS-21-06 encountered 118.6 m of 0.721 g/t AuEq including 59.9 m of 0.927 g/t AuEq. The mineralized system appears to be gaining strength towards the Iron Cap Deposit approximately three kilometers to the southwest.
Strong copper mineralization was observed within CS-600 domain in GS-21-113 with 405 m averaging 0.618% Cu (6179 ppm Cu), with an enriched zone of 273 m averaging 0.845% Cu (8436 ppm Cu).
Goldstorm Deposit remains open in all directions and at depth as drilling continues.
Tudor Gold's Vice President of Exploration and Project Development, Ken Konkin, P.Geo., states: "We are extremely pleased with our continued success with our step-out drilling. Our goal is to find the limits to the Goldstorm Deposit and to advance the resources from our Initial Mineral Resource Estimate of 19.41 million gold equivalent (AuEq) ounces of Measured and Indicated grading 0.74 g/t AuEq and 7.9 million AuEq ounces of Inferred grading 0.79 g/t AuEq. We continue to intercept exceptional mineralization within the defined domains and consistently identify extensions to these domains particularly to the northeast and northwest as well as at depth. Due to the recent success with the Goldstorm results, drilling at the Perfect Storm Zone has been delayed as all drills are now required at Goldstorm to attempt to complete the planned drilling. As well, once we finish the current drill hole in progress at Eureka, that rig will be moved to Goldstorm to continue the step-out drilling to the northeast. We are very excited with the results from PS-21-06 at the Perfect Storm Zone as we again encountered significant near-surface gold mineralization, with 118.6 meters averaging 0.721 g/t AuEq, containing an uppermost portion averaging 0.927 g/t AuEq over 59.9 meters. We will plan for continued drilling at Perfect Storm once we delineate the northeastern limits to the Goldstorm Deposit. All three wide-spaced drill holes hit significant gold mineralization at Perfect Storm and have indicated gold mineralization along the SW axis for more than a kilometer. Only a very small portion of the Perfect Storm magnetic anomaly has been tested."
Walter Storm, President and CEO, states: "We are very excited to see the continuation of these exceptional drill results from our resource definition and exploration drilling program at Goldstorm. The northeastern step-out drilling of the 300 Horizon, CS-600 and DS-5 domains continues to demonstrate the robust nature of the Goldstorm Deposit. We continue to expand the size of the deposit with some of the best gold and copper results obtained to-date on the project. We expect this to translate to an upgrade of our mineral resource estimate. The results at Perfect Storm are very encouraging as well, since all three, 300-meter step-out holes hit a portion of the mineralized system. The potential for discovery of yet another large gold system at Perfect Storm remains great and our aggressive 300-meter step-out drilling to the southwest will continue as soon as we can add to our drilling personnel."
The complete list of composited drill hole results as well as the drill hole data including hole location, elevation, depth, dip and azimuth are provided in Table 1 and Table 2, respectively. Please click on the following link to view: Plan Map and Cross Sections for the drill holes reported in this news release.
Results Goldstorm Zone and Perfect Storm Zone Press Release August 30th, 2021
* Hole shut down due to deviation and wedged to reach target (GS-21-106-W1)All assay
values are uncut and intervals reflect drilled intercept lengths.
HQ and NQ2 diameter core samples were sawn in half and typically sampled at standard
1.5m intervals
The following metal prices were used to calculate the Au Eq metal content: Gold
$1625/oz, Ag: $19/oz, Cu: $2.8/lb. Calculations used the formula Au Eq g/t = (Au g/t)
+ (Ag g/t x 0.01169) + (Cu% x 1.1815). All metals are reported in USD and
calculations do not consider metal recoveries.
True widths have not been determined as the mineralized body remains open in all
directions. Further drilling is required to determine the mineralized body
orientation and true widths.
Tudor Gold Corp. and our associated service companies have taken extreme measures to maintain the highest professional standards while working within COVID-19 health and safety protocols. Only essential personnel are permitted to enter the camp and staging areas. Of those workers who are at the project site and staging site, we have strict daily monitoring of the workers temperatures and general health conditions. We have a certified paramedic at the staging area to examine all in-coming and out-going Tudor personnel and all service providers.
The Company also reports that further to its news release dated June 22, 2021, Tudor Gold has closed its non-brokered private placement ( the "Private Placement") in the reduced amount of 426,500 flow-through common shares (the "FT Shares") at a price of $3.60 per FT Share and 1,200,000 non-flow-through common shares (the "NFT Shares") at a price of $3.00 per NFT Share, for aggregate gross proceeds of $5,135,400.
Net proceeds of the Private Placement will be used to advance exploration of the Treaty Creek Project as well as for general working capital purposes.
All securities issued pursuant to the Private Placement are subject to a statutory four-month hold period. The Private Placement is subject to receipt of final approval of the TSX Venture Exchange.
In connection with the Private Placement, the Company has paid a cash finder's fee to certain finders in the amount of $91,670.40. The Company has also issued 16,976 finder's warrants (the "Finder's Warrants"), with each Finder Warrant entitling the holder thereof to purchase one NFT Share in the capital of the Company (each, a "Warrant Share") at an exercise price of $3.60 per Warrant Share for up to 12 months from the date of issuance.
Qualified Person
The Qualified Person for this news release for the purposes of National Instrument 43-101 is the Company's Vice President of Exploration and Project Development, Ken Konkin, P.Geo. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.
QA/QC
Drill core samples were prepared at MSA Labs’ Preparation Laboratory in Terrace, BC and assayed at MSA Labs’ Geochemical Laboratory in Langley, BC. Analytical accuracy and precision are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream by Tudor Gold personnel. MSA Laboratories quality system complies with the requirements for the International Standards ISO 17025 and ISO 9001. MSA Labs is independent of the Company.
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Jetzt kommen hohe Kupfergrade dazu.
Und PSZ wird ein weiteres Deposit- was Konkin ja ebenfalls von Eureka erwartet.
Alles spricht in der Tat von mehr als 50 Millionen Unzen IN CANADA!
Bewertung mit allen Abschlägen um die 80 Dollar/Unze.Habe mal mit
der PR Abteilung telefoniert- hört sich alles sehr gut an.
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https://www.newsfilecorp.com/release/99423 Tudor Gold Announces Upsizing of Previously Announced Private Placement Financing to $11.5 Million, With Participation by Eric Sprott.
Ich denke 10 Millionen müssen sie noch raisen.
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TUDOR GOLD ANNOUNCES UPSIZING OF PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT FINANCING TO $15 MILLION, WITH PARTICIPATION BY ERIC SPROTT
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Vancouver, British Columbia, Canada ? October 14, 2021 ? Tudor Gold Corp. (TSXV:TUD) (the ?Company?) is pleased to announce that, due to strong investor demand, it has agreed with Research Capital Corporation, as lead agent and sole bookrunner (the ?Agent?), on behalf of a syndicate, including Canaccord Genuity Corp. and Red Cloud Securities Inc. (collectively, the ?Agents?), in connection with the previously announced best efforts, private placement offering (the ?Offering?) to further increase the size of the Offering to $15,000,000. As a result of the significant demand and increased size of the Offering, the option previously granted to the Agent to increase the size of the Offering will no longer apply. The Offering will consist of a combination of: (i) common shares of the Company (each, a "Common Share") at a price of $2.10 per Common Share, and (ii) and Common Shares that will qualify as ?flow-through shares? within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the ?Tax Act?) (each, a ?FT Common Share?) at a price of $2.50 per FT Common Share. Eric Sprott has indicated his intention to subscribe in the Offering.
The net proceeds from the sale of Common Shares will be used for the Company?s ongoing exploration drilling program, working capital requirements and other general corporate purposes. The gross proceeds from the sale of FT Common Shares will be used to incur eligible "Canadian exploration expenses" ("CEE") that are "flow-through mining expenditures" (as such term is defined in the Tax Act) related to exploration expenses on the Company?s Treaty Creek flagship property, located in Golden Triangle of northwestern British Columbia, as permitted under the Tax Act. The Company will incur the CEE on or before December 31, 2022 and renounce such CEE to the purchasers of the FT Common Shares with an effective date of no later than December 31, 2021.
The Common Shares and FT Common Shares to be issued under the Offering will be offered by way of private placement in each of the provinces of Canada, and such other jurisdictions as may be determined by the Company, in each case, pursuant to applicable exemptions from the prospectus requirements under applicable securities laws.
The Offering is scheduled to close on or about the week of November 1, 2021, or such other date as agreed upon between the Company and the Agents (the ?Closing?) and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals (including the approval of the TSX Venture Exchange). The Common Shares and FT Common Shares to be issued under the Offering will have a hold period of four months and one day from the Closing.
In connection with the Offering, the Agents will receive an aggregate cash fee equal to 6.0% of the gross proceeds from the Offering, including in respect of any exercise of the Over-Allotment Option. In addition, the Company will grant the Agents non-transferable compensation warrants (the ?Compensation Warrants?) entitling the Agents to purchase a number of Common Shares equal to 6.0% of the total number of Common Shares and FT Common Shares sold under the Offering (including in respect of any exercise of the Over-Allotment Option). Each Compensation Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of $2.50 per Common Share for a period of 24 months following the Closing.
The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the ?U.S. Securities Act?), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.
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