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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
Post by Redrum180on Apr 30, 2012 9:50pm
180 Views
Post# 19854581

A bit more....

A bit more....

My last post was complimenting gold69member's post on the CRA findings.

BTW, another possible reason for AMK making their "generous" offer -- and the most probable one -- is this: If the matter is taken out of the court system and put in the hands of only an independent accounting firm and the accountant finds the contribution has been less than the required amount, then AMK can simply say, "Oops," and try to work out a deal with Teuton.

In contrast, if irregularities or violations of the law are found during a civil proceeding, the matter might be referred to folks who are not interested in a practical settlement but are more concerned with issues of legality. Enough said.

Again, my opinion only here but the claims of Teuton are quite serious indeed and need to be looked at in their entirety and in depth in court.

On the positive side, where can you buy a stock for 29 cents that has all the potential Teuton does?

Here is something to look at. It is the photo gallery from the Teuton website showing features of the High property. Note how close we are to the (at that time) Silver Standard (now Pretivm) drill at their Bridge Zone! Also note the numerous gossans (oxidized rock) which are excellent drill targets; they are extensive. Enjoy!

https://www.teuton.com/index.php?option=com_igallery&view=igcategory&id=8&Itemid=6

Thank me very much :))

RR

Bullboard Posts