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.

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Teuton Resources Corp

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Post by Redrum180on Jan 14, 2014 4:57pm

467 Views

Post# 22090912

Treaty Creek

The dispute over Treaty Creek is about whether or not AMK has earned their percentage of the property. Presumably -- in my opinion -- worst case scenario, a loss by TUO would mean the deal originally negotiated would remain in place, 51-49, with a greater percentage if AMK takes the project to feasability.

After a verdict is rendered, hopefully things will improve. Markets hate uncertainty.

To answer your question, Phantoms, I don't see "losing Treaty" as something that's even on the table.

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