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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 > Securities
View:
Post by bigboy999 on Dec 01, 2023 12:17pm

Securities

I'm sure everyone is aware that TUO holds equity securities in several publicly traded companies, the bulk of which are with Tudor. In 2022 and the first nine months of 2023 TUO reports an unrealized loss of around $7,000,000 on these securities. If things continue in the current upward trend and TUD's share price continues to rise this will have a corresponding positive effect on TUO's marketable assets position. Could turn out to be significant, and we could possibly recover some/all of that loss. The same could be said re TUO's shares in DEC if their copper discovery pans out. With $1.5 million cash in the bank as of Sept 30th Dino has us in a very favorable position on many fronts ... IMHO.

Here's hoping.  GLTA ........... BB
Comment by Galaxym31 on Dec 01, 2023 4:11pm
Prefer Decade not be mentioned  here .
Comment by NOMOREROLLBACKS on Dec 01, 2023 5:15pm
!!!! Nonsense!!!!!! Tuo owns part of decade, it also owns part of Tudor, and others.        fa
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