Up till now, the Pretium “high grade” finds have been in an area demarcated as the “Valley of the Kings” zone.

The following release also reveals that Pretium has found high grade gold at the Bridge Zone which IS very close to our property.

They’re finding grades that are unbelievable (as you’ll see in the NR under “Bridge Zone.”)

Despite the fact that low grade gold is commercially feasible in mere grams per ton when massive amounts of ore are present,as is the case in KSM in general, according to Pretium’s latest news release, they’ve found OUNCES per ton of gold and a few ounces of silver per ton as well (Excerpt provided below.)

When you read this NR, please pay careful attention to what’s written about the Bridge Zone. I don’t want to hype anyone, but if Teuton has positive drill results on our property next door, things will be very good indeed,

Please don’t take this as gospel or investment advice. It’s just my opinion, of course. You have to do your own DD.

However, you can start doing some due diligence right now if you read yesterday’s NR, link provided below.

Note that gold, as I write this, is $1,541 an OUNCE and silver is 36.46.

Teuton, fully diluted, would have 50 million shares outstanding.

We traded today as high as about .52 USD. Note that the Canadian Dollar is worth around four percent more than the USD… I call that the “hidden dividend.” If you buy a Canadian stock, you’re getting a “currency dividend,” as the dollar keeps declining and it’s anyone’s guess where it stops.

Without further ado, here’s the news release. If you want to cut to the chase, here is what I believe to be the most important portion of the NR relevant to Teuton’s High property:

“Bridge Zone
“Results from holes SU-117 and SU-125 demonstrate that the Bridge Zone also hosts high-grade gold structures. As a result, Pretivm has two drills currently following-up on this high-grade mineralization:
— Hole SU-117 intersected 1.5 meters with uncut grades of 208 grams of
gold and 168 grams of silver per tonne (4.9 feet averaging 6.1 ounces
gold and 4.9 ounces of silver per ton);

— Hole SU-125 intersected 1.0 meter with uncut grades of 458 grams of gold
and 240 grams of silver per tonne (3.3 feet averaging 13.4 ounces gold
and 7.0 ounces of silver per ton”
Full text of NR:

http://www.pretivm.com/s/NewsReleases.asp?ReportID=465746&_Type=News-Releases&_Title=Brucejacks-Valley-of-the-Kings-Zone-Drilling-Confirms-Continuity-of-High-Gr…

Gary Assaly at 800 879-2333 is Teuton’s investor relations “department.” He will be glad to answer any questions you have about the company.

For qualified investors, Teuton is doing a private placement at .50 a share with a warrant. Any questions about that should be asked of Gary.

There’s a new, updated web site for Teuton at www.teuton.com.

Remember, the gold stock boom STILL hasn’t happened! The best time to get into this group is before everyone wants them. Yes, it’s bizarre that gold prices keep rising and stocks lag; it’s almost as if people were bidding up the prices of Ipads, Iphones and Mac Computers hundreds of percents and Apple’s stock went up, say, 20 percent. Can anyone say “surreal”? As I’ve oft repeated, it’s just a matter of time till the markets correct this strange and bizarre disconnect.

Full disclosure…though it’s hardly a surprise….I have positions in Teuton (TEUTF) and Pretium (PXZRF). And, for the record, I’ve purchased some at today’s high of .50 CAD. So my enthusiasm hasn’t waned with the higher SP; it’s increased in the light of the latest confirmatory information coming out of Pretium’s multi million dollar mega-drilling next door!

Dino is headed out to the properties with his team around July 8. We all wish them the best.

Mark

July 8th, 2011
Categories: Uncategorized . Author: caliche