Post by stockzorgon Apr 08, 2025 6:34pm
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Post# 36529946
Teuton Fiji/Tonga
Teuton Fiji/TongaAt the close today Teuton's valuation was nearly equal to American Creek at about $27 million USD. It's also less than one-third of Tudor's market cap. Since Teuton also has an NSR on Treaty Creek there appears to be an opportunity. WIth a 20% stake in Treaty Creek, this values the entire TC property at only about $136 million USD.
Spoke with Dolly Varden's IR person a few days ago since they are consolidating shares and listing on the NYSE American Exchange shortly. I expect this to be a trend where Canadian juniors ditch the worthless corrupt TSX.V exchange in favor of the worthless corrupt NYSE. However, more visibility and acess for us down south.
DV has shown some nice drill results at Homestake in Feb. That deposit trends into Teuton's Fiji property. On the other side of Fiji. Goliath is showing good results as well. DV is emphasizing silver in its drill plan, but the results are showing impressive gold grades so an argument can be made to explore the gold-oriented portion of Homestake into Fiji, or focus on silver extensions into Teuton's Tonga property just to the south of Fiji.
Crescat folks feel the Surebet trend continues up into DV's territory. Both Goliath and DV are drilling hard in 2025. At some point I am hoping for interest from one of these active players in Fiji/Tonga.
GLTA Doug