Teuton office visit
I was downtown last Thursday and dropped in to visit the Teuton office. I met with Gary and Dino, great guys and very knowledgeable. We talked for close to an hour about the upcoming season and all the money to be spent this year. I think last tally was around $80 million! That is LOT of money to be put into a relatively small area of ground.
The Golden Triangle is just that, full of gold! The largest undeveloped gold deposits in the world are right in the backyard.
Treaty Creek as for as Im concerned has already hit and hit big! 241 meters of .8 grams gold is a MAJOR discovery next to the biggest undeveloped gold deposit in Canada if not the world right now! I have to ask why aren’t people fighting to get this stock. I then say good for me, more time to get a meaningful position. I will admit i didn’t get any of the sub dime shares and didn’t start chasing it till it was in the high 20′s but thats ok, even .50 will look like a steal very soon.
The Treaty Creek program is being worked out now. I dont think the full budget has been set but I’m guessing it will be a sizeable program that easily defines and expands on the discovery hole. Deposits that reveal 240 meters of mineralization seldom remain small for very long. The hole ended in mineralization and it will be tested to depth with a drill capable of going much deeper.
There is a LOT going on with Teuton in the next months, buy it while its cheap and put it away.
I feel any position in TUO has the ability to significantly change ones net worth, and I’m definitely accumulating a significant position!
warmest regards
caliche
