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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 > Ambitious
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Comment by Olympia2on Jan 15, 2025 10:06am
84 Views
Post# 36404840

RE:Ambitious

RE:Ambitious

bovalena wrote: How would they pay for a 3000 meter decline?  How much would it cost?  Issue shares?  Sell gold stream?  Many questions.  I guess it could all be for illustrative purposes to the court as the decline probably crosses the Seabridge tunnel route.  I am afraid its all dead money for quite awhile.



Fully agree, this could be the starting point for the court case with SEA  and/or the authorities. 

As there is nothing said about further drilling for this season, it seems that they pause any works until permit for going underground. Permission, construction, building... 2 years...?

 

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