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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 Fabeon Oct 03, 2018 12:57pm
77 Views
Post# 28738411

"Expert" opinion on ggi. Good read

"Expert" opinion on ggi. Good readhttps://www.321gold.com/editorials/moriarty/moriarty092418.html With any mining project there are two important technical issues. Everyone pays attention to the first. That is, What grade is the material? Often they ignore the second. It is far more important. And that is, What is the tonnage? Grade and tonnage. All else is nonsense. An excellent demonstration of this would be that of Garibaldi Resources with their rocket higher in 2017 from $.15 in July to a high of $5.27 in October, two months before releasing any actual drill results. Garibaldi did nothing more than drill a pod of high grade mineralization that had been discovered fifty years ago. They knew exactly what grades they were drilling, it had been drilled before. Brent Cook has called this about as close to a scam as anything he has ever seen in the last year. The market knows GGI has high-grade material. Hell, the market knew that fifty years ago. But the real issue is, do they have the tonnage? Without the tonnage, the grade means nothing. I am more than uncomfortable with the company because their press releases tend to hint of wonderful things coming without providing any substance. This is a quote from their last press release of September 14th, 2018. Meanwhile, Garibaldi eagerly anticipates providing shareholders with an exploration update including initial assay results from the ongoing 2018 program during the week of September 17. While Garibaldi may well eagerly anticipates they didnt actually eagerly release anything when they said they would. The week of September 17th came and went. But the words, eagerly anticipates added $69 million in market cap. I would like to suggest that Garibaldi deliver some tonnage soon as well as grade or their $300 million market cap is going to become a lot lower as shareholders who got burned go searching for a short rope and a tall oak tree. One of two things will happen when eventually they release the results they promised ten days ago. If they deliver clear tonnage, I suspect the investors who got sucked in with the eagerly anticipates nonsense are going to learn the meaning of Buy on the rumor, sell on the news. If they dont deliver clear tonnage, the stock is going to be selling at a discount to cash eventually in the same way Canaco did after spending over $100 million to discover less than a million ounces of gold in Tanzania a few years ago. There are two different kinds of resource companies. There are those who constantly play with their share price with meaningless and over promotional press releases. Those companies are nothing more than stock promotions and should be avoided at all cost and there are real companies. The market will know soon which Garibaldi is.
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