RE:RE:wow imagine what tuo's property stable is worth
HornbyBay wrote: The market is presently assigning no value to most of Teuton's properties. I hope Dino starts entering into more jv agreements ... with good partners having learned valuable lessons in the past. Every jv agreement gives Teuton shareholders another chance ... whereas, every property without a jv is basically valued at zero by the market.
Thanks HornbyBay. From what I can see, all Teuton assets in excess of 8 million oz. Au of the open pit Treaty Creek resource is being valued at absolute zero by the market right now. And the pricing on that 8 million oz. is not even very good compared to some recent buyouts over the past several weeks.
Since the Teuton business model works on options, there should be as many as possible. For his part, Dino has been very selective on the optionees, which have been limited to folks who have long-term experience with the area and are the top notch geology teams in the exploration field. Going on that basis, there are no options active that are likely failures, and no optioned properties that I would consider "dead assets." So I like that part of the approach even though there could be more options active than there are today.
Do your own DD. GLTA. Doug