Seabridge was once a penny stockSeabridge was once a penny stock.
I'd like to think that one day, despite all the nonsense that has gone on and is still going on, Teuton can somehow get some traction and one day climb back to respectability as a successful exploration company and trade at the kind of levels we investors expected years ago, that is, north of a dollar; and if some of these discoveries pan out, we could ride the coat tails of the Seaviews and Pretiums of this world and perhaps move even higher. Again, that is perhaps years away.
It is a shame that so much capital has been redirected to litigating with AMK rather than moving forward with exploration, but what's done is done. That litigation is not yet over and I'm sick of talking about it; the only ones who can do anything to end it are the principals of the two companies and it seems that they're not talking about settlement. Misty talked about a settlement involving Treaty Creek; while I think that's a bit much, I wouldn't rule out discussing Treaty Creek percentages, especially in light of the fact that Teuton has so many other hot prospects. But I'm just a shareholder; not the boss.
It really is ridiculous that Teuton, with all its prospects, is selling for such a low price. Despite near-term issues ahead, we need the following to fall into place:
1. Continuing shareholder support.
2. A rally in the gold and silver price.
3. Manage the litigation costs so the company can function.
4. Continue exploration.
5. A surge in interest in the Golden Triangle.
Again, the current news is definitely interesting but not surprising. I am anxiously awaiting further news about the recent discovery and I hope that Dino can get a drill on the property this summer.