Silver and Gold Parabolic? I don't know, but there is a lot of "oomph" in the current move...
I see that Seabridge has found high grade gold at KSM. I wonder if anyone can pinpoint this location in relation to our projects.
https://www.seabridgegold.net/news.php
Just a thought. I feel there must be potential investors sitting on the sidelines "waiting" for something to happen. Well, it's happening; the markets just don't know it yet.
With so many shares being closely held, often by "true believers" like myself who are in it for the long-term, it will take minutes, not months for the current offers to be taken out or withdrawn when the market turns or, better yet, exciting news breaks. The upside seems greater than the downside. At worst, we languish for a while, but I wouldn't count on it lasting.
Recent developments: Silver is moving up sharply, as is gold, which is hanging around the 1700 level.
Pretium has 9 drills spinning near us doing about 100,000 meters worth of drilling. They are bound to continue to add more gold to their inferred, indicated and measured classes. Seabridge and other companies may also have successes nearby.
The Tennyson property could get "hot."
Majors need to replace depleted mines.
Teuton may have a finding of significance at any time. We know the High property is in very close proximity to both high and low grade deposits and a hit in "elephant country" will be more impactful on our SP when it happens.
In December (or thereabouts) the Treaty Creek litigation gets underway. If there is going to be a settlement -- and this is based only on my personal experience as a former court reporter -- it often comes on the eve of trial and, very often, during trial as the case comes in. I am not commenting on the merits of the case.
The TSX is a thinly traded market but if "gold and silver fever" hit, I expect a heightened interest by US investors.
We know that the Golden Triangle has tremendous copper, silver and gold deposits, most of which, I'll venture to guess, are as yet undiscovered. It is widely believed that the Northwest Transmission Line will be nearing completion in a few short years and I fully expect that the major discoveries, coupled with cheap hydro power, will bring "civilization" to this remote area.
Political uncertainty is creeping into the picture. Falling production levels and violent strikes are making investments in South Africa somewhat less secure. Quebec's rich gold mining industry may be taxed at higher levels. I am not an expert on the new minorty government there but it seems more "mining unfriendly" at first blush. British Columbia may be the next true "gold rush" locale, with Golden Triangle stocks leading the way.
When the turnaround comes, stocks like Teuton may double and triple in the blink of an eye.
To the regulars, I know this is a tad repetitious; but I think potential investors may not be fully up to speed. To those considering an investment in Teuton, naturally, do your due diligence. These are my opinions only and -- full disclosure -- I've been a shareholder since 2008.
Off topic, I have added SSL (SAND-U.S.) to my personal "accumulate" list. I believe it can be the Silver Wheaton of gold. It's just been listed on the NYSE.