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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 > Want to capitalize on all-time high gold price?
View:
Post by highper on Aug 20, 2024 4:28am

Want to capitalize on all-time high gold price?

Global average daily trading volumes in gold exceeds $160 billion, more than T-bills, 

https://www.mining.com/want-to-capitalize-on-all-time-high-gold-price-you-could-be-in-business-by-2040/

The champagne corks must be popping in Perth, Denver, Vancouver and Toronto, right? Mumm maybe. Dom, not likely. 

Because as in so many markets, grass roots operations and financial markets have lost touch altogether. 

Just under $1.1 billion disappeared from gold exploration budgets last year. 36% fewer gold holes were drilled. Junior mining financings are the lowest since 2019 after dropping by 23% last year.

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