Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 stockzorgon Mar 30, 2022 11:13am
165 Views
Post# 34559008

RE:Did Anyone

RE:Did Anyone
Byhi wrote: Besides me ever wonder why Sprott went into the deal with AMC (I think)
and not send him are way
when there is so much open with us..

ARE WE  BAD..

DO WE have another deal cooking

Has he left us for grener pastures   

Any thoughts  

byhi


Two completely different questions I think.  Sprott bought 23.4 million shares at $1.19/share of Hycroft and another 23.4 million warrants at $1.06/share.  The stock is already up to $2.50 this morning.  Why?  It has 15 million oz. Au and 600 million oz. Ag in Nevada and the current management can't make a profit mining those minerals.  I looked at the stock and valued Hycroft at about $4.50 conservative.  It was a steal for Sprott and AMC.  I think Sprott feels he can make a good profit (and already has) on that deal.

I believe Mr. Sprott looks at the Three Amigos in a similar way.  That is, he will make a good profit on a very undervalued property.  He already made his investment in Treaty Creek for a very good price, doesn't need to add to his positions I think.
<< Previous
Bullboard Posts
Next >>