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Bullboard - Stock Discussion Forum 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... see more

TSXV:TUO - Post Discussion

Teuton Resources Corp > Head Scratcher
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Post by bovalena on Dec 04, 2020 1:30pm

Head Scratcher

I do not understand this deal on the part of PVG.  I am glad I sold all of my PVG stock.  They just gave away a very valuble asset for paper script.  Only reason would be an undisclosed need for immediate cash (Buy back streaming or avoid covanent breach).  Rudy Fronk is no fool and he may have just proven himself to be the smartest man on the block.  I am not sure how this adds value to a potential JV but you can rest assured that it does.  Unbelievable low ball price!  And not cash but stock at 22 bucks the market gobbled up!  Rudy is one smart cookie!  He used OPM to gain control of one of the largest deposits of copper and gold on the planet in his backyard.  How much had PVG spent drilling this out and proving it up?  Did they even get there money back?  What dumbA$%ES!  WW
Comment by highper on Dec 04, 2020 1:58pm
Bolvana  I'm very busy today and this is a very complicated story. Ultimately the value of snowfield comes down to capex.... there was originally supposed to be a jointly owned mitchel and snowfield deposit with the ore running through one tunnel. Now the seabridge tunnel and waste tailings dam will all be needed by the ksm deposits... so pretium has to go to plan b... I've reposted ...more  
Comment by highper on Dec 04, 2020 2:04pm
Parse Que? Peregoodoff Mr. Peregoodoff has over 30 years of resource industry experience, much of it in greenfield and brownfield exploration and resource development. His last management position was President and CEO of Peregrine Diamonds Ltd. where he led the company from the resource development phase through to the eventual sale to DeBeers Canada in 2018. Prior to ...more  
Comment by Countrygent on Dec 04, 2020 4:42pm
Gonna have to start in on some DD on Pretium ... the preference to have SEA flog shares vs themselves ... the pressing need for a quick $100 million. They might be assumed to believe they are undervalued, or the idea is worth some serious digging through their SEDAR filings. Oh boy, I got the feeling in about 2003 that I have now on the POG.  Did that work out?  Very nicely until 2011 ...more  
Comment by fordster on Dec 05, 2020 3:16pm
CG....DD is what you do best! Looking forward to what you find out. as to 2011-that was a surprise to all of us. Maybe I'm fooling myself, but from my point of view POG doesnt have to be "rip-roaring" for us to make a good profit here. We just need to discover a huge gold reserve and we're doing good. I know I can be simple minded, but that statement works for me maintaining my ...more  
Comment by Countrygent on Dec 05, 2020 4:36pm
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 ...more  
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