Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 stockzorgon Feb 15, 2019 3:20pm
40 Views
Post# 29372655

RE:SEA Files Preliminary Shelf Prospectus / C$ 100 mio

RE:SEA Files Preliminary Shelf Prospectus / C$ 100 mio
Olympia2 wrote: The shelf prospectus filings, when final, will allow the Company to make offerings of common shares up to an aggregate total of Cdn$100 million during the 25-month period that the final short form base shelf prospectus remains effective. Common shares may be offered in amounts, at prices and on terms to be determined based on market conditions at the time of sale and set forth in one or more shelf prospectus supplement(s) and, subject to applicable regulations, may include at-the-market transactions, public offerings or strategic investments. 

[url=https://ceo.ca/@newsfile/seabridge-gold-files-preliminary-shelf-prospectus-and][/url]


This is the exact wording they used in their July, 2014 shelf prospectus.  Afterward, they used stock to acquire Snip and Snowstorm (Nevada).  In the 2014 and 2019 press releases they also state that they have already funded exploration activity for the year, so this money would be used for something else.  Look for further acquisition activity over the next 18 - 24 months from Seabridge.

The best case scenario for Teuton is that they use the stock for a Treaty Creek deal that locks in their ability to build the MTT tunnel.  Since I consider Seabridge stock to be undervalued relative to the reserves they have at KSM I would take the stock in a heartbeat.  
Bullboard Posts