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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 > Off Season Blues
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Post by bovalena on Feb 20, 2024 8:21pm

Off Season Blues

Nothing much will excite this stock as drilling is a long way off.  The fear and stench of a possible dilutionary offering may be suppressing the stock.  Uncertainty about metallergy has never been put to bed.  I think a clear directive from management that no stock offering is in the works at this ridiculous level would put a floor under the stock, but I think I got into this in 2008/2009 so whats 15 years?  Well to Byhi it was everything, perhaps to Zorg, Texas Idiot, and Redrum.  All have been very silent.  Highper, you have been the only interesting thing coming our way.  I am just going to ride this out.  I wont comment on the lack of operational funds if they are critically low.  I voiced my opinion back  when !!!  I would love some insight and  inspiration from Zorg.  I hope you are well.  WW
Comment by highper on Feb 20, 2024 9:55pm
I understand one of their new drilling platforms is higher up the mountain but Tudor has tended to initiate their treaty creek drill program in early May. That would be in about 80 days. Spinning out the luxor properties is going to cost money but if extra money needs to be raised it would most likely be loaded onto the luxor spin out company. Why because it makes sense to glide our treaty creek ...more  
Comment by Texasidiot on Feb 21, 2024 12:22am
Hello Bovalena.  Long time no see. I'm not worried about anything at Treaty Creek.  Teuton is loaded with cash, its expenditures are minimal, and it doesn't have to pay a dime on future exploration.  In the meantime this wonderful seemingly sideless, bottomless deposit continues getting bigger and bigger, while already it remains unmatched throughout the World.  Too ...more  
Comment by bovalena on Feb 21, 2024 6:22pm
Texas, when I got home from work today and saw your message, I must admit I teared up a little.  Forgive me for doubting your resiliance as I had "called the undertaker" on you!  I agree with all of your points.  I also agree with your price of gold in ground.  I am unsure of current cash position and need but I will take your word for it!  I knew Ranman that ...more  
Comment by Texasidiot on Feb 21, 2024 9:45pm
Keep that undertaker's telephone number handy, please, Bovalena.  I'm quite sure my beneficiaries are anxious for there to be a need for it, but in the meantime they can eat their hearts out. Teuton's December 31st annual financials are due fairly soon, but the September 30th quarteries show more than nine million dollars in cash and cash equivalents, while the Company had only ...more  
Comment by NineLives on Feb 22, 2024 3:38am
Not to split hairs but they only have $1.5 million in cash, the other $7.6 million is in marketable securities (which for tax purposes) they may not want to sell at this stage. Currently they've been reporting losses on those securities as like the majority of exploration stocks continue to trade downwards. But yes, quarterly expenses are low at just over $100k. If the company wishes to ...more  
Comment by Texasidiot on Feb 22, 2024 12:23pm
I stand corrected, NineLives. Thank you.  The fatal flaw in my logic stems from my failure to understand that my information service evidently categorizes "marketable securities" as "short-term investments."  I always considered "short-term investments"  to include items such as certificates of deposit and other highly liquid items, and not marketable ...more  
Comment by ranman on Feb 21, 2024 4:12am
Yes it's been a long wait. I'm here since 2007 thanks to byhi. We've inherited 424,800 of his shares. He told our group we had to hold on for some eventual payday. Not everyone is convinced. The other three you mentioned have been quiet. I'm hoping they're able to benefit from the wait.