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Bullboard - Stock Discussion Forum Teuton Resources Corp V.TUO

Alternate Symbol(s):  TEUTF

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

TSXV:TUO - Post Discussion

Teuton Resources Corp > Sleepless in Sweetwater
View:
Post by bovalena on Jan 16, 2021 8:44pm

Sleepless in Sweetwater

Well let's try that again.  1% of 400,000 ounces is 8000 ounces x 2000 equals 16 million per year.  At 1500 per ounce thats 12 million per year.  12 million for 20 years is 240 million that will need discounting for present value.  Current market cap is 120 million.  Maybe only a small dose of Lithium!  Sorry for the confusion.  Wallace
Comment by reddirt46 on Jan 16, 2021 11:00pm
Last I checked 1% of 400000 was 4000?
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