Bullboard - Stock Discussion Forum Teuton Resources Corp V.TUO

Alternate Symbol(s): TEUTF

Metals & Mining Industrial Metals & Minerals

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

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TSXV:TUO - Post Discussion

Teuton Resources Corp > Hmmmm

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Post by NineLives on Jan 18, 2024 4:34pm

Hmmmm

Smells like a push down to a lower level for financing. We'll soon know.

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Comment by highper on Jan 19, 2024 2:44am

Once again only 1 brokerage outfit did the bulk of the selling. https://money.tmx.com/en/quote/TUO/trade-history As for a financing their cash on hand as of sept 30th seems sufficient... Blackwolf is supposed to spend in the range of $2 million on the Harry property and tudor might be spending well over $10 million at treaty creek. In my opinion Teuton doesn't need to raise money in ...more

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Comment by NineLives on Jan 19, 2024 8:32am

You could be right, depends what their big plans are for 2024 and whether they can stretch that $1,3 mill in cash, or sell some of their marketable securities. Sure they have payments coming in which will help. To me the trading just seemed a little suspicious after holding a tight range for so long. Not that I'm complaining, still have another tranche to buy, heading for a eventual holding of ...more

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Teuton Resources Corp