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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 > Did goldfields pay just over $300us per0z for windfall gold?
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Post by highper on Aug 13, 2024 1:15am

Did goldfields pay just over $300us per0z for windfall gold?

goldfields already owned 50% of the windfall deposit..... 

so the paid $1.6 billion US for 

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1193-tsx/osk/154529-osisko-mining-turns-power-on-at-windfall-site.html

TORONTO, Jan. 18, 2024 (GLOBE NEWSWIRE)

The Windfall Resource Estimate, assuming a cut-off grade of 3.50 g/t Au, comprises 811,000 tonnes at 11.4 g/t Au (297,000 ounces) in the measured mineral resource category, 10,250,000 tonnes at 11.4 g/t Au (3,754,000 ounces) in the indicated mineral resource category and 12,287,000 tonnes at 8.4 g/t Au (3,337,000 ounces) in the inferred mineral resource category. The Windfall Mineral Reserve, assuming 3.5 g/t operating, 2.5 g/t incremental, and 1.7 g/t development cut-off grade, comprises 12,183,000 tonnes at 8.06 g/t Au (3,159,000 ounces) in the probable mineral reserves category. 

total resources at windfall 10,547,000 ozs of gold

Purchase price


C$2.16 BILLION
 
GOLD FIELDS TO ACQUIRE OSISKO MINING FOR C$2.16 BILLION

Gold Fields buys Osisko in $1.6 billion US dollar cash deal


ergo goldfields paid  just oer $300 US per oz for the  5.25 million ozs of gold that osisko owned

hallelujah brothers if my numbers bear out
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