Teuton Resources Corp V.TUO

wow imagine what tuo's property stable is worth

[highper]

Sanatana may achieve the First Option by fulfilling the following:

1. (a)  paying to ArcWest $500,000 and 2,000,000 common shares as follows:

   1. (i)  $12,500 on signing of the letter agreement and an additional $12,500 on signing of the definitive agreement;

   2. (ii)  $25,000 and 300,000 common shares on or before December 31, 2021;

   3. (iii)  $50,000 and 400,000 common shares on or before December 31, 2022;

   4. (iv)  $100,000 and 600,000 common shares on or before December 31, 2023; and

   5. (v)  $300,000 and 700,000 common shares on or before December 31, 2024;

2. (b)  incurring $6,000,000 in exploration expenditures and an additional $600,000 of assessment work on the property as follows:

   1. (i)  not less than $600,000 of assessment work must be completed on the property before December 31, 2021;

   2. (ii)  additional Exploration Expenditures of not less than $1,000,000 on or before December 31, 2022, which shall include a mandatory minimum of 1,000 meters of NQ Drilling;

   3. (iii)  additional Exploration Expenditures of not less than $2,000,000 on or before December 31, 2023, which shall include a mandatory minimum of 2,000 meters of NQ Drilling;

(iv) additional Exploration Expenditures of not less than $3,000,000 on or before December 31, 2024, which shall include a mandatory minimum of 3,000 meters of NQ Drilling;

[stockzorg]

This is an encouraging deal from a couple of standpoints.  ArcWest had a history of optioning out their properties too cheaply in the past.  This is a much better deal and indicates that prices are moving up in the region. Sanatana is an aggressive company that I had not previously researched.  This was a good company to take the option.  With them, the potential for a

[paydirtontario]

Wow is right. Thanks Stockzorg. The moneys going to come from somewhere and in Kens interview with " The Assay T.V." last month  he says minimum 50 to 60 thousand meters will be drilled in 2021 could be more. unless something changed that was his publicly announced plan.

[oilervision]

Six days or so until the 43-101 is available on SEDAR; I imagine we'll get a financing shortly after...somewhere between $20-30M to fund 50-75km of drilling. A dream situation for any prospect generator (teuton). 

[LonghandStrong]

maybe a buyout of .amk and a corresponding commitment to fund drill program, newcrest or other?

[LonghandStrong]

Great post Stockzorg. Some new and interesting points. I very much like your suggestion that there could be a non-drill focused big picture plan afoot. That is a new and novel thought and yes, could very much be the reason for the crickets. Why 15 trading days? Is that time frame a supposition based on the fact that we are three weeks only away from any 'start of program"? Well done, I

[Y_J]

Hi Stockzorg, thanks for providing another insightful post. I always enjoy reading your post and look forward to seeing more of your analysis on this evolving TC play. After reading your post along with other posts, I now believe when Tudor announce a PP, it will be a bought deal of FT shares priced using the current average of around $3/sh. My guess would be between 5 and 10 million shares for

[stockzorg]

Great post Y_J.  That's one possibility for sure.   Another aspect is that I still have not heard a single word on the results of the Seabridge drilling along the MTT tunnel route last year.  They were committed to ten holes in 2020 (40 overall) to test the entire path.  Tudor was to have access to the core in case they wanted to do assays.  I thought it was

[rusty111]

You make total sense YJ, moneys about to be introduced and 5 to 10 million shares would be a working number to keep the project moving but also those shares into the hands a company who already has a huge footprint in the triangle would make sense.  It's clear when you sit back and look at it from a business view..  Nice post  kudos   

[oilervision]

This still has a ways to go from a feasibility standpoint until producers jump aboard. 

[LonghandStrong]

No kidding! Everyone in this board seems to think that this is "for sure" the world's next multi-generational mine, making instant millionaires out of anyone lucky enough to be near it. Super nice thought, and this play is looking pretty sweet, but holy cow, you'd think we'd all forgotten how early stage this is.

[Y_J]

Yes, I agree that potential buyers would not express their interest for a couple of years until feasibility studies are done. However, most buyers would slowly accumulate shares of the target beforehand. If the buyer would like to acquire just under 10% of targets share on the open market (about 17 million shares for TUD), how many days would be required based on average daily volume of 120k

[Y_J]

If this Treaty Creek asset is in the bidding war category, there would be more than one potential buyer accumulating shares. That is why I think potential buyers may want to get large blocks of shares via PP. We probably won't know who participates in the PP but I think they need to ante up to get a seat at the bidding war table a few years from now.

[paydirtontario]

Highpers way too smart to play this game or replay back ; just be grateful the man posts the insightful things he does...   Relax brother and keep studying.    

[HornbyBay]

The market is presently assigning no value to most of Teuton's properties.  I hope Dino starts entering into more jv agreements ... with good partners having learned valuable lessons in the past.  Every jv agreement gives Teuton shareholders another chance ... whereas, every property without a jv is basically valued at zero by the market. Disclosure:  I own shares of Teuton

[stockzorg]

Thanks HornbyBay.  From what I can see, all Teuton assets in excess of 8 million oz. Au of the open pit Treaty Creek resource is being valued at absolute zero by the market right now.  And the pricing on that 8 million oz. is not even very good compared to some recent buyouts over the past several weeks. Since the Teuton business model works on options, there should be as many as

[highper]

It is a sellers market for well situated property in the golden triangle. The oweegee dome deal done by awx indicates that. Newmont has quietly taken a controlling position in the golden triangle. It bought out GT Gold and its large property position. It is sitting in the cat seat at QuestEx Gold. It also has a position in the galore creek area. Their property position is now one of the

[highper]

I forgot to mention tudor gold's large land package in the golden traingle... Anyways on page 12 of this questex presentation there is a map which pretty well shows the consolidated land packages in the central area of the golden triangle.... https://questex.ca/site/assets/files/4362/questex_corporate_april_19.pdf