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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 > speculation on the newmont move
View:
Post by highper on Feb 07, 2023 1:07pm

speculation on the newmont move

The production volume of gold of Newcrest Mining Limited amounted to 1,956 thousand ounces [1.95 million ozs?] in financial year 2022,  ---google

US$17 billion buyout offer at yesterday's market prices.


cost of capex to obtain about 70% of ksm would be in the neighbourhood of $7 billion


ksm would produce approximately 1 million ozs of gold per year or thereabouts for the 1st ten years of mining according to my general recollection of their prefeasibility study.

would the attempt at taking out of ksm been a better deal for newmont....

I'm just getting orientated to the general dynamics to the newmont offer...
Comment by paydirtontario on Feb 09, 2023 9:19am
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