Teuton Resources Corp V.TUO

Informative post

[NineLives]

On TUD bullboard TUDOR GOLD by Stoockzorg.
Makes a lot of sense, fills in some gaps, worth a read.

[Larry60]

enough yappin about the MTT.  TUD needs to raise $$$$ to fulfill their commitment under the JV. I know its painful, but they gotta raise $15 million, at least, at 75 cents with a $1 warrant................thats potentially 30 million more shares.........but thats the cost pretty much each year of funding this 100% ro a production decision..............ultimatley gonna have to raise $100

[highper]

Tudor is working very efficiently to solve their dilution problem. The current drill holes are focused on discovering the front door to the goldstorm deposit and on discovering the lineaments of the prospective high grade SC 1 zone. The release of a  preliminary economic assessment is predicated on the definitive results of the current drill program.  Going back to the well for more

[Larry60]

highper,  i would not call 10,000 m an aggressive program. And even with the 10k, i dont think they have the money to fund it.  net of overhead for 2024, no more than $2 or $3M to spend imho they need money. now.  the longer they wait, the more painful it will be. How did share price react on the discovery of a "potential supercell"?  excactly!!!! As a

[Fabe]

It's 18 000m not 10 000 for 2024. 10km is just phase 1...

[NineLives]

Larry60, you mentioned you're not looking for any more excuses from TUD.  What excuses ? Everything they've done so far has fulfilled their obligation with the option agreement to this point in time. What more do you want them to do? And why are you so fixated on the future dilution. If they add another 5 million ounces to the indicated then it's all tegit alterum.  Pax

[Larry60]

9lives, they spent $25 million on exploration/dev last year..........plus $4 million on overhead.  Close top $30 million.  At Dec 31 they had $7 Million in the bank!!!!!  They will need big money. If TUO and AMK were on the hook for their pro-rata, sure, dilution is a necessary evil  BUt you can ride TC for FREE via TUO and AMK as TUD has to fund 100% to production decision.&

[karlschranz]

The all-knowing knows the cash stock and how many meters Tud drills .When and how much is the next financing, etc. Larry, you are slowly overestimating yourself a little. Take better care of Seabridge, the impacts are closer.

[Larry60]

Kaaawwwlllll, I dont own SEA, so not my worry.  Wish i bought it at $7 not that many nonths ago! As for TUD, we know cash position at Dec 31 was $7 million.  We know they spent $25 million inn 2023 on program plus $4 million on overhead.    THey need money.  dont need to be a rocket scientist to figure that out.

[highper]

It may only take 10,000 meters to find the front door and to establish the potential of of the sc1 opportunity... if they can be established in the initial phase of this year drill campaign, ken may have found the the key to a major's treasury...we'll see... what you can'tappreciate is that you are stomping all over teuton's share price prospects when you are playing troll for the

[stockzorg]

Not surprised Larry60 wants to avoid discussion on the MTT after the SEA Q1 Report

[karlschranz]

But he is coming back as "Newton" on CEO.ca  :-)

[Larry60]

zorg, havent read q1 disclosure on SEA yet.  Dont own it.  Still pretty comfortable that its not an issue for us.  If they want to sterilize some claims, then we can consider a payoff.   If i were a SEA sharehodler id be more on top of it and more concerned.  Im more interest in TC being moved forward.  Lots to accomplish this year and in years to come.