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 > Nations Royalty started trading

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Comment by rockport1on Jun 24, 2024 1:13pm

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Post# 36103541

RE:RE:RE:RE:RE:RE:RE:Nations Royalty started trading

I said a production decision would normally take place after a bankable feasibility study, however, there are exceptions. Our neighbor, with a massive project in KSM, has not yet completed a bankable feasibility study, but they essentially already comitted. They have applied for "Officially Started" status to ensure the permits remain valid at KSM, and have spent hundreds of millions already.

rockport1 wrote: A production decision would normally take place after a bankable feasibility study. Tudor might be able to sneak it forward slightly. But it should have to take place after the exploration for the mine plan is complete; the original option agreement probably specifies the exact details.

I think it is unlikely they could mine by 2030; that would be a surprise to me. If the mine was commissioned by 2030, it would enter into production before KSM, which will take five years to build the MTT alone. Given they don't yet have the permits or any agreement with Tudor, I would think they are at least six years away.

TCrelave wrote: Hi!, lots of great content 'mostly' lol! To your point, I do wonder what a 'Production Decision' would look like. Could TUD after a PEA say, "We're going to Production!"? Walter Storm and others with KK have been deeply involved with 'going to production'. KK is on record estimating that TC would be a mine by 2030. CS600 certainly looks capable by itself.

Good luck to most!