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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 > Limited Drill Program
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Post by bovalena on Jun 21, 2024 8:39am

Limited Drill Program

I was looking through some things and realized that for 2022 and 2023 we drilled almost 30,000 meters and this year only 10,000 meters or one third of normal drilling is to occur.  I suppose it was just that difficult to raise funds.  Very limited news flow out of this.  One of these holes better shake up the world or this is dead money for quite awhile!
Comment by NineLives on Jun 21, 2024 9:32am
You don't have to create a piece of Swiss cheese when you're putting data together to identify a resource. There's been lots of drilling over the past years now it's time to work on the PEA for the Goldstorm deposit as outlined in the last NR. They know what they have, now the other assesments are ready to be dotted, crossed and completed.
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