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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

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Post by bovalena on Jun 21, 2024 4:00pm

Cat Man

I think the point is exactly they dont know what they have, and that is why the deposit is proclaimed endlessly to be "open in all directions".  Sadly, a PEA doesnt do much for TUO but get us close to the day that we have to "pony up".  We are currently in green grass and high tides.  A limited number of holes means much less chance of a hole 109 to change the game and fill the coffers!  I do hope that we have an extrodinary hole but unless we are stepping out to the northwest significantly or drilling deep under the mountain into the Highper elephant then not much will happen this season.  I suppose managemnt is praying for a stellar hole that will allow a rapid end of the year finacing to drill a few wildcat holes!
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