Post by
stockzorg on Oct 05, 2021 1:50pm
What I'd Really Like to See
After Tudor spins out the Crown and other properties, and Teuton spins out its non-Treaty Creek assets, I'd like to see those two spin-out companies come together. This would give Dino and Ken Konkin control over the entire original set of Teuton claims that have not yet been optioned out, plus a few more that Tudor picked up along the way.
I see it as somewhat of a merger of equals, except that Teuton is bringing the Treaty Creek NSR, existing option income, slugs of stock in various companies etc. into the deal and therefore Teuton shareholders would end up with something more than half of the total.
The merger would be structured to keep the share count low. Ken Konkin would be CEO of the combined entity with Dino as Chairman. KK would be focused on exploration and discovery and not the paperwork. Dino would be focused on options deals, protecting shareholder interests, looking at new opportunities, and also deep in the weeds with KK on the properties he knows so much about.
In the background would be Eric Sprott who knows he can work with this team, to provide input and perhaps funding to future deals and protect the overall entity from being exploited. Eric would have a substantial interest in the stock. In the background also remains Walter Storm on the BOD with another large slug of stock to ensure management wishes are supported. As with Tudor today, I'd like to see the management team with close to a majority of the stock.
The combined entity, with its low share count and a high enough share price would begin trading away from venture exchanges and into more visible markets.
i would like to see, at the end of the day, a company with more scale than either spinout company will be able to achieve by itself, one that's in a position to go after the best opportunities from the entire claims portfolio, and able to take full advantage of any exciting developments in the G/T.
Comment by
Byhi on Oct 06, 2021 11:26am
I hold shs in both CO's and would not like to see them join Too many prop's in a CO if they hit on more than one the price per sh will not show it... I think best to keep them separate You can always buy SHs in both CO's if that's what you want... Cheers BYHI...