Teuton Resources Corp V.TUO

Alternate Symbol(s): TEUTF

Metals & Mining Industrial Metals & Minerals

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.

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Teuton Resources Corp

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Comment by stockzorgon Jun 09, 2019 6:44am

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Post# 29809644

RE:RE:No liquidity

The gold price chart shows a cup-and-handle pattern. The last time we saw that pattern, gold rose about $350 from its last lows, which would put it over $1430.

I'm not expecting a price above $1450 this year unless the U. S. Fed reduces rates by 50 basis points between now and September.

The Fed plan I read indicates they are willing to add another $2.75 Trillion to their balance sheet during the next weak economic cycle. That would serve to prop up the stock market again and limit the increases in gold price. However, EU, Germany and Japan are already back to zero or negative interest rates, so there could be larger demand offshore this time around.

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