Post by
bovalena on Jul 14, 2022 9:50am
Tall or not at all
Dino, I might consider a sit down with Royal Gold and sell forward part of our Royalty and do two things with the money- first buy back a chunk of Teuton stock to let the market know you ain't f$@#ing around and punish the short seller and put a floor under the stock price, secondly and concurrently do a private placement with TUD that is non dillutional to fund the next phase of drilling that would add ounces of gold to our and there reserves. Of course as Pretium did have a buyback clause on the royalty sale. Please seek advice from Eric Sprott on these matters as I am certainly no expert at high finance. Potential win in capital gain in TUD stock and win with additional ouces of gold and win with stock buyback. Otherwise royalty is long in tooth dead money. Great Bear sold royalty for 200 million and I think it was 2% on 8 to 10 million ounces very similar to ours. If you bought back 25 percent of Teuton shares the market would shudder!
Comment by
sueron on Jul 14, 2022 3:27pm
Thanks Doug for your input.. I hope for the best for all share holders of TUD & TUO. Take care and have a good day. Ron
Comment by
ibaru55 on Jul 15, 2022 1:27am
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