Teuton Resources Corp V.TUO

Alternate Symbol(s): TEUTF

Metals & Mining Industrial Metals & Minerals

Teuton Resources Corp. is a Canada-based exploration-stage company. The Company is engaged in the business of acquiring, exploring, and dealing in mineral properties in the province of British Columbia, Canada. The Company owns interests in more than thirty properties in the prolific Golden Triangle area of northwestern British Columbia. Its property portfolio includes Treaty Creek Property, Eskay Rift Property, Harry Property, Del Norte Property, Lord Nelson Property, Orion Property, Big Gold Property, Tonga Property, Fiji Property, King Tut Property, Tuck Property, High North Property, Delta Property, Fairweather Property, Tennyson Property, Pearson Property, Clone Property, Four J’s Property, Konkin Silver Property, Midas Property, Bay Silver Property, Bonsai Property, Gold Mountain Property, Ram Property, Silver Leduc Property, Stamp Property, and Treaty East Property.

TSXV:TUO - Post by User

Teuton Resources Corp

Bullboard Posts

Comment by Franschoekon Jan 22, 2020 5:33pm

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Post# 30585540

RE:More Spin Off Thoughts--sorry for the lengthy post

I have to agree that the proposed spinout only clouds the ownership issue, causes unnecessary dilution, and does nothing to improve clarity around the perceived value of TC.
i suggest that the two NSR’s on TC that TUO currently holds are spun out in a separate company and the shares distributed to existing shareholders. It’s a bit of a poison pill to potential sharks, and we will see how the market actually values the future potential of TC. Don’t need much management to manage an NSR, so costs should be minimal.
Frans

Bullboard Posts

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle