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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 09, 2020 1:37pm
161 Views
Post# 32068790

RE:Another Head Scratcher

RE:Another Head ScratcherThe property was only approved for option by the venture exchange in November.  It’s likely the samples were taken and sent for assay when it was a 100% TUO property.

The model is not to be drilling and diluting the shareholders but optioning, retaining carried interests and NSR and streams.  No cash liabilities.  Build up a portfolio of streams and interests being financed by others.  Greater leverage.

Would you want to see your TC interests being diluted by spending on highly prospective drilling on untested properties?  Not me, thanks.

cg


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