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 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

Teuton Resources Corp

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Post by Vanessa2on Oct 19, 2011 4:45am

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Post# 19162022

Treaty Creek/AMK

TUO says on their website...

Teuton Resources is currently involved in litigation concerning AmericanCreek’s involvement in the Treaty Creek property. Teuton is alleging,among other matters, that American Creek breached the option agreementand is no longer entitled to an interest in the property. If Teutonwins the litigation it will have a 100% interest in the property; if itloses, a 49% interest (or a 40% interest should American Creek take theproperty to feasibility).

I wonder, what among other matters might be... Anybody has got an idea?

Vanessa

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