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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 bovalenaon Jan 30, 2018 9:22am
87 Views
Post# 27461223

RE:hole 29 on treaty

RE:hole 29 on treatyA Way Forward, is all we really seek.  The last hole will come soon and finalize information on 2017.  After that probably the twilight zone for a while as not much else to happen until mid-year 2018 and those drill results may be into 2019 as this year was.  I thank both Stockzorg and Highper for there thoughts and insights.  I think you are right Highper that it was very strategic to have drilled along the tunnel proposed right of way, and that Tudor is all in and will make or break itself in this effort- it will take alot more money, and hopefully they can navigate those waters.  Interesting about Pretium it is hard to figure if the grades were dissapointing for an obvious reason or if that is now just what it is and the payback estimates will have to be rewritten.  If that is the case it was going to pay back in 2 to 3 years with room to spare at 1350 gold price and they would prob. have had money left over to act on the option to buy back gold stream in 2019.  All of that is in question now.  I feel pretium would be very smart to sell forward some production at these prices to stabilize the next two years,  I once suggested this in person to the long time CEO of Claude resoursces and he laughed at me (gold was at 1850) the company went into a tailspin and sold off everything he lost his job of 20 years and it was saved by the sale of Madsen and punching into a new high grade zone timed well with a slight recovery of the POG.  Oh well,  maybe I'm losing my nerve after these last ten years not much makes sence to me anymore.  I do wish we could somehow form a shareholder committe and get a seat on the board and have a voice in this company.  We might be suprized at how many shares we all have.
Bullboard Posts