Public reaction to the latest assays was entirely predictable. For whatever reason, folks got their expectations way ahead of reality. But the results for such a limited drill program, shortened because it was funded too late in the season, was still remarkable, from my perspective. The King Tut initial holes are nothing short of exciting; the two southern sites, nine km. away, are still promising, as is the geology of that area, IMO.
Unfortunately the lack of a swollen treasury limits Teuton's exploration activities going forward; but the circumstantial evidence of a growing "inventory" of gold in the ground continues to get stronger.
The real problem with the company is the juniors market. With the same facts we already know, if these were "boom times," the stock would easily be over a dollar, I believe.
I await the day when Teuton will be able to monetize its properties with ease. |
