Teuton Resources Corp V.TUO

Newmont is raising cash

[highper]

Newmont Announces Agreement to Divest Telfer and Havieron for Up to $475M
The only thing that might prevent them from buying 20% of what may be potentially one of the best tier one gold projects in canada and the world might be a non competitive clause attached to confidentially agreement which they may have signed with seabridge what probably more than 10 years ago... 

Cunningham is offering a discounted low ball offer on what is shaping up to be a major tier one gold project in a safe jurisdiction....

they may be the first to bid for amk's interest in treaty creek but they won't be the last...

and by the way newmont is on track to earn a net income of close to a billion dollars barring an unexpected writeoff for the third quarter....

and treaty creek has enough blue sky potential galore to boot the cunning -hams out of the picture eh?

[NineLives]

All very good points and TUO is trading way to low with all these different dynamics in place. Gawd if this was back in the 80's/90's TUO would be over $10 a share. How the world has changed, we need BRICS or Saudi Arabia to corner this market. Heck if they can pay Ronaldo 200 million Euros a season then buying up some decent prospective gold mines in a safe jurisdiction would be peanuts