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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

Post by Fabeon Feb 01, 2024 11:51am
220 Views
Post# 35857242

Exactly what I was expecting

Exactly what I was expecting 1) A stand alone PR confirming the discovery of a new high grade gold system within Goldstorn. As Ken already alluded to many time in his recent interviews, this has the potential to be a game changer for this project. Imagine using "game changer" when you already print 30m oz AuEq!!

2) An updated Resource Estimate in Q1. Tonnage and grade wi continue to move up. Even thought Ken said he was not a big fan of updated RE as they serve to please shareholders rather than advancing the project, I'm sure it will be used as leverage to bring a major with a 10% ownership at much better terms. It's my guess but I get the feeling that's where we are now. To be honest, Ken also mentioned it couple time again in his mote recent interviews...

Ken has delivered and excuted on every promises he made. He recently said Treaty Creel will be in production before the end of the decade. If you backtrack this, buyout cannot be that far away. Max 2 years and following a PEA. Now if you refer and use Barry GTU presentation, you can easily see the path and reason for a buyout at 5-10x current price.

I'm buying 
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