RE:RE:Is something cooking?9LIVES is right. TUO is just worth more. Ill restate the obvious:
1) TUO owns the freakin NSR on TC. Can argue forever how much it is worth: $20M? $40M? $100M?????
2) TUO holds $10M plus of publicly traded secruities, including a few million TUD,
3) A portfolio of 25+ other properties/NSRs (likley to be spun out - whether with 1 and/or 2, I dont know)
4) TUO has a free ride to production decision care of TUD!!!!! That alone is probably worth a 50% to 100% premium to relative market caps.
Its easy to do the math. Look at TUO's market cap after backing out 1 to 3 above. It should still trade at a big premium to 1/3 or TUD market cap, but instead it trades at a discount!!!
NineLives wrote: No surprise to me. The TUO/Tud share price difference aside I'm looking at the sum of all parts of Teuton. They have so many properties with the potential of great discoveries coupled with a low share count (when compared to many resource stocks on the venture) it's very undervalued.
In a more robust market with normal volume and interest TUO would be consistently trading over $2.