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Teuton Resources Corp V.TUO

Alternate Symbol(s):  TEUTF

Teuton Resources Corp. is a Canada-based exploration stage company. The Company is in the business of acquiring, exploring and dealing in mineral properties in the province of British Columbia, Canada. It owns interests in more than thirty properties in the prolific Golden Triangle area of northwest British Columbia. The Company’s 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. The Lord Nelson claims lie immediately north of Teuton’s Del Norte property.


TSXV:TUO - Post by User

Bullboard Posts
Comment by JohnnyLingoon Jun 28, 2010 2:49pm
417 Views
Post# 17228025

RE: "Dark Horse" Bonsai Claims Looking Better

RE: "Dark Horse" Bonsai Claims Looking Better
Redrum, I posted on the AMK board a couple of hours ago before seeing your post that pursues a completely different line of thinking insofar as AMK is concerned.  As for your post, I do agree with your logic on pretty much all fronts except when you said "I think they almost have to make funds available for AMK, if only to protect their investment".

Mineralfields obviously invested in AMK mostly because of their earn-in option on TC, which they properly recognized as a stellar property with huge potential.  But that was some time ago now, before the issue of the inability of AMK's management to properly manage their company and diligently shepherd their shareholders' funds started to really show itself.  If Mineralfields is as smart as you say they are (and I agree), then I doubt they would simply throw more money at AMK.  But if they were contemplating another cash infusion -- which right now I would strongly doubt as my post on the AMK board suggests -- I'm sure they would insist on much greater controls or other conditions before AMK got its paws on their cash.  If that happened and those conditions resulted in a Mineralfields-led shakeover of AMK management and/or the AMK Board, then that would probably be the best outcome of all.

JL
Bullboard Posts