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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
Post by bovalenaon Aug 26, 2018 10:54am
93 Views
Post# 28518642

Aben

AbenYes, I know this is the Tueton board but beleive me it is germane.  I encourage all to go to you tube and watch Jim Pettit talk about Aben's recent news.  It explains a lot about the golden triangle geology.  Most importantly it explains the true benefit of high grade.. I. E. attracting capital in which you can offer stock and tank up the treasury to drill out the project at hand and get it marketable for a buyout.  He gives good history of several personal successes of he and his team.  He discusses his 7000 per month salary and how he tries not to burden the company and spreads his salary over several companies.  He discusses change of control fees baked into to the operating aggreement that as he says can be quite extravagant if you dont know to look for them.  He discusses a recent fly over of the southern GT and counting twenty drilling rigs.  He mentions most projects but not Treaty Creek and his maps never reference Teuton as most companies maps fail to reference Teuton despite there large  and obvious presence in the GT.  But the real interesting part is that he recognizes the potential of large low grade bulk tonnage deposits even without high grade it is just hard to get the capital to drill it out and bring it to a boil so that the value can be unlocked with a sale to a major.  That is the end game.  So why all the Teuton disrespect?  Most fasinating is his discussion of how copper porphry and VMS and High grade folded/faulted vein structure is all baked into these areas of strong faulting.  The are working on the Kerr fault.  We are banking on a red line of straigraphic contact and the faults that splay off provide the traps and passages for the hydrothermal events that creat the deposits.  Damn , Highper , your field is interesting!  GLTA  P. S.  Tudor is starting to look interesting at these prices but if a finacing is coming?  Probably should wait!
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