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 > Informative post

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Comment by Larry60on May 16, 2024 2:15pm

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Post# 36043919

RE:RE:RE:RE:RE:Informative post

9lives,

they spent $25 million on exploration/dev last year..........plus $4 million on overhead. Close top $30 million. At Dec 31 they had $7 Million in the bank!!!!! They will need big money.

If TUO and AMK were on the hook for their pro-rata, sure, dilution is a necessary evil BUt you can ride TC for FREE via TUO and AMK as TUD has to fund 100% to production decision. And a long way to go until that can happen.

early on, I got sucked in by the hype around TUD. took a while to realize the impact teh 100% funding requirement would have. Glad I did. Still not too late for those who have not figured it out.

NineLives wrote:
Larry60, you mentioned you're not looking for any more excuses from TUD.

What excuses ? Everything they've done so far has fulfilled their obligation with the option agreement to this point in time. What more do you want them to do? And why are you so fixated on the future dilution. If they add another 5 million ounces to the indicated then it's all tegit alterum.

Pax tecum mate.

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