Bullboard - Stock Discussion Forum Teuton Resources Corp V.TUO

Alternate Symbol(s): TEUTF

Metals & Mining Industrial Metals & Minerals

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

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TSXV:TUO - Post Discussion

Teuton Resources Corp > A passing thought

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Post by NineLives on Aug 12, 2024 9:39am

A passing thought

What if TUO was brought down to $1 to initiate a $10 million placement and with that cash they buy shares directly from TUD treasury so that TUD is funded without multiple financings to 100's of investors. This would allow TUD to complete drilling and the PEA and add more shares of TUD to TUO's holdings making them even a bigger participant in TC ?

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Comment by highper on Aug 12, 2024 10:34am

If that were the case, we would be diluting teuton by 15% to buy shares of tud. If we add in the warrants that would make a 30% dilution of teuton for a measly $10 million huh? no way jose...

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Comment by NineLives on Aug 12, 2024 1:27pm

I understand the dilution concern but if TC turns out to be the massive deposit expected then a large return 100% plus on a small investment. That's called strategic investing. Anyway whatever happens TUO share price is way to low vs assets. Dec Gold just ran through the $2.500 level. For sure patience is a virtue. Guess I'll buy some more, you know my target for shares purchased as ...more

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