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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Comment by highperon Apr 30, 2024 8:47pm

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Post# 36016280

RE:copper makes the world go round - CS 600 zone

Now, the head of the world's largest asset manager, with $10 trillion in assets under management, is a believer in the "Next AI Trade," as everyone is seriously piling in.

Blackrock's Larry Fink Jumps On "Next AI Trade", Warning World Will Be "Short Power"

At the start of April, we penned a lengthy report for premium subs discussing why artificial intelligence data centers, the electrification of the economy, and onshoring trends will result in a major upgrade of the nation's power grid. We followed the note up on Monday with a report titled Everyone Is Piling Into The "Next AI Trade."

Now , BlackRock Chairman and Chief Executive Larry Fink has jumped on the "Next AI Trade" theme at a World Economic Forum event on Monday.

"I do believe to properly um build out AI. We're talking about trillions of dollars of investing. So data centers today could be as much as 200 megahertz - and they're now talking about data centers being one gigawatt. That powers a city," Fink told the audience.

He pointed out that he spoke with the head of one tech company, who said their data centers currently require about 5 gigawatts of power. By 2030, the person told Fink that number could jump to 30 gigawatts.

"The amount of power that's needed to use AI has a huge impact on society," Fink said.

He then asked: "So where's that power going to come from? Are we going to take it off the grid? What does that mean for elevated energy prices?"

Fink then said the surge in power demand because of AI data centers is a "huge investment opportunity."

He warned: "The world is going to be short power - short power - and to power these data companies you cannot have this intermittent power like wind and solar."

"You need dispatchable power because they can't turn off and on these data centers," he continued.

https://www.zerohedge.com/commodities/blackrocks-larry-fink-jumps-next-ai-trade-warning-world-will-be-short-power