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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

Comment by highperon Oct 22, 2021 9:58pm
119 Views
Post# 34040021

RE:RE:RE:china shuts down 35 of 50 magnesium smelters

RE:RE:RE:china shuts down 35 of 50 magnesium smeltersspot magnesium prices going for between $4.50 and $6.36 US per pound in europe...

In Europe, remaining stocks are going for $10,000-$14,000 a tonne, up from $2,000 per tonne earlier this year, the industry groups said.

That would not have been a problem should Beijing not have recently ordered roughly 35 of its 50 magnesium smelters to close until the end of the year to conserve power supplies. This means current European inventories will be exhausted by the end of November, Germany’s association of metals producers WVM warned on Tuesday.

https://www.investorvillage.com/smbd.asp?mb=4288&mn=695062&pt=msg&mid=22531431

 
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