First Tellurium Corp C.FTEL

Alternate Symbol(s): FSTTF

Metals & Mining Industrial Metals & Minerals

First Tellurium Corp is engaged in exploring and developing tellurium projects in British Columbia and Colorado. The Company has interests in exploration and evaluation assets in British Columbia, Canada and Colorado, USA and its principal business is the exploration of those assets. It has a 50% interest in the Deer Horn Property, located in British Columbia. It also has an option to acquire the Colorado Klondike Property, located in south-central Colorado, USA. It also has a 49% equity interest in Cheona Metals Inc., whose focus in on underexplored mineral lands in northern British Columbia. Additionally, the Company has a 49% equity interest in Cheona Health Inc., focuses on helping Indigenous and other communities in Canada achieve better health and well-being. It also owns 75% of PyroDelta Energy Corp., which is focused on bringing thermoelectric generators to the automotive and emergency/recreational markets while exploring other applications with potential purchasers and users.

CSE:FTEL - Post by User

First Tellurium Corp

Bullboard Posts

Post by baystock1on Dec 28, 2019 10:11pm

165 Views

Post# 30497966

Percentage value of Tellerium in the deposit is minuscule

There are 414,000 tonnes in the indicated category containing:
68,000 oz of gold valued at $102 million @ $1500 POG
2,100,000 oz of silver valued at $38 million @ $18 POS
66,000 Kg of Tellerium valued at $3.3 million @ $50 per Kg

So at current prices Tellerium makes up roughly 2.3% of the insitu value of the metals which is insignificant. Even if the price of Tellerium were to go up 10 fold it would still amount to less than 25%. So all the talk/hype about Tellerium looks to me to be completely unwarranted. What am I missing ?

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario