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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
Comment by Franschoekon Aug 17, 2020 8:54pm
170 Views
Post# 31420692

RE:sea webinar aug 20th @ 2:15 EDT

RE:sea webinar aug 20th @ 2:15 EDT

Can't click the link, so can't respond to the actual story.  I think the access route offered by the courts to KSM has to be moot by now.  At the time there was no defined resource along the proposed tunnel route, there is certainly a large inferred resource now, and the courts cannot make that resource unmineable, or beggar the owners of the resource to the owners of the tunnels through their property.
To my mind it is only the resources of Goldstorm and possibly PS2 that make the whole KSM complex mineable.  Advance the tunnels 7 or 8 km, mine out Goldstorm while advancing to PS2, then into KSM properties.  Why SEA hasn't taken this out already confuses me, maybe Sprott won't sell where they want.  

This whole sequence of orebodies looks something like Sudbury to me.  100 years of mining, billions of tons of ore.  All the dominoes are set up for this to happen in this cycle.  There will be periods over the next century where this looks like a dumb idea, but there will also be periods where it is wildly profitable.   IMHO
Frans

Bullboard Posts