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.

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Teuton Resources Corp > Thanks Rockport1

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Comment by Larry60on Apr 02, 2024 10:09am

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Post# 35964920

RE:RE:RE:RE:Thanks Rockport1

Like I told you yesterday on TUD board snc, my bad. I quoted total reserves for AR, not Magino.

But to be clear, TUD has 0 reserves, they just have a resource - the difference between reserves and resources is very signifcant. If you compare measured and indicated, TUD does have 4x (although its all indicated, no measured), I had said assume triple the NSR, so quadruple it...............it still makes the valuation being put out there look foolish.

Magino only producing 120k/year is correct but it will grow. Bigger point is THEY HAVE STARTE PRODUCINg - nsr will pay $3.6M canadian this year alone and it will continue to grow as they continue to ramp up.

TUD is probably 7 to 10 years away from 100k+/year IF everything goes well!!!!

Like I said, I own TUO for the NSR. But not for a pipe dream!

120

SNC2021 wrote:

Larry 60...not sure what you are up to?

-Magino has 2.3m oz of reserves not 11m and only 120k ounces of gold production a year.

https://www.argonautgold.com/English/assets/resources-and-reserves/default.aspx

A/R $188m in debt and a mill that broke on their way to production at a gold price $600 lower...it was sell NSR or bankruptsy.

Tudor has 28m more ounces of Gold and $600 hike in price.

Rockport numbers are not out of line for the NSR