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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 rusty777on Dec 22, 2012 9:46am
237 Views
Post# 20764621

RE: RE: RE: Alberta Courts Public and Media Access

RE: RE: RE: Alberta Courts Public and Media Access

Hornby

Good evening - well you are partly right - I was trying to avoid making any judgement at to whether their charges have merit or not - I neither have a clue, nor, quite frankly, do I care. All I was trrying to say - perhaps unsuccessfully, was that regardless of the merit(s) of their case, ANY lawsuit of this type ultimately has the effect of being an anchor around the neck of the company being sued making it very difficult to raise further funds, which, if they are relying on that cabability to raise additional  funds for day-to-day operations or to finance a legal defence, puts that capability in question.

So to take the corollory to a military context, they have, in my opinion, potentially compromised the supply lines of their adversary; a very smart tactic. It may well be that the drop in TUO's share price was entirely coincidental and unanticipated - again, thats not the point, the issue at hand is the ability to defend (if a defence is even necessary or desireable) a company from such a legal action.  For all I know Teuton has millions in the kitty so the point in moot. Only time will tell.

Hopefully this clarifies my thought process, however, befuddled it may be

Cheers

 

Rusty

 

 

 

 

 

 

 

 

 

 

 

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