Bullboard - Stock Discussion Forum 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... see more

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TSXV:TUO - Post Discussion

Teuton Resources Corp > We still own NSR'S .

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Post by Galaxym31 on Dec 04, 2020 10:47am

We still own NSR'S .

Case Study #1: What would a 1% NSR be worth on Pretium’s Snowfield deposit?

Answer: About $388 million

Case Study #2: What would a 2% NSR be worth on Pretium’s Valley of the Kings deposit?

Answer: About $173 million.

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Comment by Countrygent on Dec 04, 2020 11:01am

What may be cautionary about this deal is the price. About $3 per ounce of gold in the ground ... and reconciling that, grade, depth, tonnage, pit design, with hopes for Goldstorm. Why would Pretivm take cash for a leveraged reserve of ounces in the ground today? I don’t know much about Snowfields, but seems low and odd timing to me. cg

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Comment by Countrygent on Dec 04, 2020 11:07am

The other announcement was the financing - a bought share deal with Cantor Fitzgerald for $105 million, priced at very close to $22 CDN. That may be the part the market doesn’t like so much. cg

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Comment by fordster on Dec 04, 2020 11:10am

Can you think of any method of this coming around and biting us CG? I read on the 3 Amigos gold content was .3g/ton and it was not profitable for Pretium to mine it (We could be talking about 2 different locations). Does it perhaps make sense as a new rout for the MTT?

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