I hate to say I told you so but...... Sabina Gold and Silver is just the start. It has exploded. I always knew it was ridiculously undervalued and still is.
I feel the same way about the Golden Triangle stocks, especially Teuton. But why is it in such a rut? Easy to answer that one. It's current shareholders have been demolished and harassed and disillusioned; no need to go into the whys and wherefores; it happened; we all got hurt by circumstances beyond our control. But much of that is in the rear view mirror.
What I THINK is happening now is only the smart money is manuevering around the GT stocks. Teuton has virtually no PR right now. Yes, there's a news release now and then dutifully reporting what to me are very positive events, but the only people reading them apparently are previously burned investors (myself included) who are not going to sink a ton of cash in here MOSTLY because we don't have it or feel it might be too risky given the last several years track record.
But I think there's been TONNAGE of DE-RISKING in the stock. The price of gold and silver; copper; exploding juniors; renewed interest in mining and metals and what I think will be a big demand for metals as the US builds up its depleted military, infrastructure and hopefully a return to something resembling a recovery. But even failing that, the demand for gold is strong.
No matter how many times I look at TUO, my fair value for the company is so much higher than the current 8 cents, it's ridiculous. You can start by multiplying AMK's share price by around eight and then give credit for the millions coming in in the next few years and add more for the current buzz about Treaty Creek (as per the AMK news release) and Golden Triangle in general; add more for Teuton's other properties... All this stock needs is a settlement of the legal bills case and an end to the so called defamation case and we'll be off to the races and my target -- assuming gold moves a few hundred dollars higher, a very big assumption -- is one dollar a share.
Before you say "Hype!" or "Pumper," think about this; Teuton was 77 cents BEFORE they had the reverse split (or reorganization) of one share for five (another fine idea -- not so much). So that price would make the current share $3.85 at that level. Sick number? I don't know. I think EIGHT CENTS is the SICK number. And I for one am sick of the demoralized shareholder base sitting and watching it sit there.
Now, I'm not telling anyone to run out, sell the house, the car and make the wife get a second job to pay for more shares, but I've averaged down whenever I could and instead of taking the wife out to dinner, I bought a thousand here and there :) That's right; for the cost of dinner and a show, I may own what will one day be worth a thousand bucks or so... then again, they may send me to the looney bin with a bunch of paper shares tucked in my shirt :)
That's why I'm not screaming from the rooftops to run out and buy only TUO. I'm sure most of you are following the markets and have your own favorites; I think now is the time to start to accumulate. I'm long SLW and SBB and TUO; sadly, I sold call options against the SLW and am limited on the upside but I think it's a great stock. Check out Sandstorm Gold, some of the gold mutual funds and silver mutual funds.
As Donald Trump says, LET'S MAKE TEUTON GREAT AGAIN!