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Teuton Resources Corp V.TUO

Alternate Symbol(s):  TEUTF

Teuton Resources Corp. is a Canada-based exploration stage company. The Company is in the business of acquiring, exploring and dealing in mineral properties in the province of British Columbia, Canada. It owns interests in more than thirty properties in the prolific Golden Triangle area of northwest British Columbia. The Company’s property portfolio includes, Treaty Creek Property, Eskay Rift Property, Harry Property, Del Norte Property, Lord Nelson Property, Orion Property, Big Gold Property, Tonga Property, Fiji Property, King Tut Property, Tuck Property, High North Property, Delta Property, Fairweather Property, Tennyson Property, Pearson Property, Clone Property, Four J’s Property, Konkin Silver Property, Midas Property, Bay Silver Property, Bonsai Property, Gold Mountain Property, Ram Property, Silver Leduc Property, Stamp Property, and Treaty East Property. The Lord Nelson claims lie immediately north of Teuton’s Del Norte property.


TSXV:TUO - Post by User

Bullboard Posts
Comment by JohnnyLingoon Jan 28, 2010 9:51pm
401 Views
Post# 16730994

RE: % ownership of Treaty Creek

RE: % ownership of Treaty Creek
True, and good point.  I had that thought when typing my last post but didn't want to digress on that issue.  Plus I assume (but we all know what happens when one "assumes" anything....) that AMK has the money set aside for that study (as opposed to more drilling) simply because there is a clock ticking and the window on that option is closing gradually every day.  Plus the last drilling results should set them up for that study, but I'm no expert in feasibility studies and they may need to do more step out drilling to the full depth in order to prove up the deposit. 

But I do know this: if they haven't got the $$ set aside right now for whatever it takes to complete the feasibility study, then they deserve to miss stepping up their interest the extra 9%, and TUO is even more undervalued.
Bullboard Posts