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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 > 5477.4 grams silver = 176 troy ozs of silver
View:
Post by highper on Sep 27, 2022 12:08pm

5477.4 grams silver = 176 troy ozs of silver

Optimum Ventures Samples 2.3 g/t Au and 5477.4 g/t Ag on the Golden Summit Zone and 26.6 g/t Au and 1003.2 g/t Ag on the BR Zone on the Harry Property


Amount : 5477.4 grams (g) of silver
Equals: 176.10 troy ounces (oz t) in silver
Comment by Fabe on Sep 27, 2022 12:49pm
But to me and much more meaningful was the results of 2 x 25m long drill holes... Imagine if mineralization extend another 75m for a total 100m straight from surface. Imagine...
Comment by highper on Sep 27, 2022 2:18pm
Optimum sure could have helped themselves if they announced whether their drill[s?] were finally turning.... a drill plan perhaps.... a better map than that IP map. Their expectations for the continuance of their exploration campaign as the weather closes in on them... how many drills if more than one might they be thinking of deploying if they hadn't deployed them already... 
Comment by highper on Sep 27, 2022 2:40pm
those two holes were drilled on the swan zone last year... I assume optimum was waiting for the completed IP survey results, so they could vector in on any underlying pyrhittic signature the swan zone and other drill targets might possess. At any rate, Optimum has a lot more data in hand than they are indicating. How much snow would it take to end their drilling season, if it has started for ...more  
Comment by Fabe on Sep 27, 2022 3:40pm
Lol, yes should have paid a bit more attention.
Comment by highper on Sep 27, 2022 4:48pm
I've been tempted to give optimum a call and ask if they have started drilling yet. They said it would take two weeks in their IP report press release.... Maybe they had to round up a drill rig or two. I know big ed owns one... but it is so stupid to ask the obvious question when optimum just released a press release that should have contained such information...
Comment by stockzorg on Sep 28, 2022 9:34am
The premium for silver Maple Leafs at JM Bullion this morning is up to $10 over spot (if you're buying less than 25 coins).  It goes down to $9 over spot for higher volumes.  That's a lot of premium.  They are out of stock on 2022 Maple Leafs as well. At the same time, the spot price of silver is down, probably based on reduced industrial demand expectations as economies ...more  
Comment by fordster on Sep 28, 2022 10:11am
I'm reading the COT is so overly bearish on silver that it's poised to whiplash up...personally I've given up on trying to figure out POG/POS...though I can sell a St Gaudin for 50$ over spot....yes Zorg interesting.
Comment by flashcash on Sep 28, 2022 10:13am
I just bought more physical silver just in case, had to pay a 15% premium !
Comment by fordster on Sep 28, 2022 12:02pm
Common sense dictates there's a huge detachment between paper verses physical PMs...I view that as a sign that there will be a day of reckoning....God knows when...GATA has been making their claims for decades. I suppose it will take a catastrophic financial event as multiples of people scramble for their paper PMs.
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