Teuton Resources Corp V.TUO

Alternate Symbol(s): TEUTF

Metals & Mining Industrial Metals & Minerals

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

Teuton Resources Corp

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Post by NineLiveson Feb 15, 2024 2:26pm

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Post# 35882423

As mentioned

If this company wants to drill or just explore to raise their exposure they need cash. If this goes below $1 and no PP then original analysis was wrong.
If they are doing a PP at $1 then even more ticked off because it means raising cash almost 25% to 30% below a fair valuation.

In other words the market is ignoring their claims and JV's or the company couldn't raise money at $1 +. and had to beg. Time will tell as always. Basically a no win situation unless in the loop, which I'm not.
Apr Gold rallying today up to $2.017 from $2k.

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