RE:Bird in Hand BuyoutHere is my opinion on the Yes or No decision of the buyout. It makes sense to me to take the 43 cents. It is a decent premium to market, and if you think Treaty Creek is undervalued, you can then move your cash funds into either Tudor or Teuton.
Teuton is the obvious choice for the carried interest, and the potential of other properties, assuming it does not rise too far in tandem with the AMK buyout level. If you prefer Tudor, one way to play it is to wait until the next financing. You will likely receive a warrant in addition to the shares; this is great for longer term returns.
There is an added benefit to the project of investing via the financing: you will help ensure that Tudor has funds for drilling and further exploration. Remember, Perfecstorm, CBS, Eureka and potentially other deposits lay in waiting...
This all assumes that your individual tax implications don't mess things up. Also, assumes that another higher bid does not come forward before the deadline date.