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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Comment by rusty777on Apr 30, 2014 11:25am

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Post# 22507466

RE:Note to AMK F/S filed today. Legal fees over $3.5 mill

Well - this is going to be interesting. I wonder where Teuton is going to get the funds to pay whatever percentage is going to be assigned. As I recall this could be anywhere from 10% ($350,000.00) to 90 % (3,150,000.00) so with a market cap of only 3.2 million at last count it will be a development worth watching. I doubt there will be much appetite for yet another PP to pay legal bills.

This whole circus just keeps getting better and better. Somehow I thnk the existing shareholders are going to get hosed - yet again.

GLTA

Rusty

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