Teuton Resources Corp V.TUO

Teuton vs. Skeena

[stockzorg]

Just doing a quick comparison this morning.

Skeena 61 million shares outstanding, Teuton 59.9 million fully diluted
Skeena has a PEA for an open pit with about 3 million oz. AuEq, $303 million Capex pre-production.
Teuton has 20% of TC which will be substantially more than 3 million oz. AuEq within the open pit model after this year's drilling.
Skeena is at $13.58/sh for a market cap of $827 million.
Teuton is at $2.40/sh for a market cap of $144 million fully diluted.

I get it that Skeena has higher grades at the former Eskay Creek, and that they've done well with their drilling at Snip and even the Eskay Creek waste piles.  Even so, the TC open pit can realize the same number of oz. per year or greater.  I see Teuton as flat out mispriced at this point in time.

The early season holes drilled at TC this year may have been out on the glacier and not in the hottest zones of Goldstorm.  Because of that, any good results from the early drilling would be extremely positive in my view.

Do your own DD.  GLTA.  Doug

[sueron]

Even so, the TC open pit can realize the same number of oz. per year or greater.  I see Teuton as flat out mispriced at this point in time. Going to agree that TUO MAY be under priced now? But they might have to mill more rock to get the the same gold quanity.. I am not a mining person so I might be out to lunch.. Also its like night and day on who runs SKE  compared to the older

[stockzorg]

Must be the effects of that flu shot :)  (I didn't get one, or the COVID vaccine either). Mr. Sprott does not show as owning any Skeena back to 2003 at least. Someone will definitely have to mill more rock to get the same quantity of gold out of TC compared to Eskay.  But they will get much more gold out of the TC pit overall, and the delta in market cap should not be 6 to 1. But we