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Teuton Resources Corp V.TUO

Alternate Symbol(s):  TEUTF

Teuton Resources Corp. is a Canada-based exploration-stage company. The Company is engaged in the business of acquiring, exploring, and dealing in mineral properties in the province of British Columbia, Canada. The Company owns interests in more than thirty properties in the prolific Golden Triangle area of northwestern British Columbia. Its property portfolio includes Treaty Creek Property, Eskay Rift Property, Harry Property, Del Norte Property, Lord Nelson Property, Orion Property, Big Gold Property, Tonga Property, Fiji Property, King Tut Property, Tuck Property, High North Property, Delta Property, Fairweather Property, Tennyson Property, Pearson Property, Clone Property, Four J’s Property, Konkin Silver Property, Midas Property, Bay Silver Property, Bonsai Property, Gold Mountain Property, Ram Property, Silver Leduc Property, Stamp Property, and Treaty East Property.


TSXV:TUO - Post by User

Comment by Countrygenton Dec 05, 2020 4:36pm
162 Views
Post# 32044618

RE:RE:RE:RE:RE:Head Scratcher

RE:RE:RE:RE:RE:Head Scratcher
At first glance, having looked at the financials, Pretium is quite reasonable valued at market these days to a mid-price of gold around $1800.  If they expand their resource (which is likely with the re-categorization of certainty as their tunnelling allows them to firm up previously inferred ounces, and the POG rises towards $2200, they can double towards $30 CDN/share ... but the real upside is you get a free multi-prong exploration play with positive cashflows that prevent too much dilution.

One thing that is definitely encouraging, is having an operating mine within spitting distance that is valued at $2.2 billion or so, net of borrowings.  There is plenty of upside value to share around the amigoes if they could ever find a Brucejack twin.

But, maybe Pretium doesn't offer the leverage of some others at this stage, my gut says wait and see, they are priced not so badly against today's market.

cg

cg

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