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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 Jun 19, 2014 2:19pm
316 Views
Post# 22676419

Stalemate

Stalemate     Trying to put the best case scenario forward as I see it (we all know what the worst case is already), the two companies have fought to a "victory" for AMK and a "defeat" for TUO.  However, the practical result, in my opinion, is stalemate; because now neither company is cash rich enough to fund major drilling operations.  

     As I see things, AMK pinning its hopes on winning a major amount of cash from TUO might be a bit unrealistic because it's hard to get cash from empty piggy banks.  That being said, however, Teuton does have land to trade for a settlement, it would seem to me; but I speak for myself; clearly, none of the parties give a darn about my opinions.

     Regarding the slim "positives" of what I view as a legal/financial stalemate, I do believe there is a silver lining for both companies, because as they litigate, talk, don't talk or whatever they are doing, the underlying fundamentals for the Golden Triangle just may be finally improving.  It is a slim hope indeed, but it is possible that events on the ground could make the markets revalue "in-ground" assets differently from what seem to be almost zero to me right now.  A scramble by majors to start acquiring gold-bearing land in the GT could lift the share prices of AMK and TUO despite the disastrous fallout from the aforementioned litigation.

     I'm curious about a few things.  For example, is AMK talking to Seabridge about selling the tunnel rights?  Don't those rights have a market value?  The cash from something like that could be helpful to both companies.

     Regarding Teuton's Clone gold; can't Dino put together a larger bulk sampling operation to generate more revenue for Teuton?

     I'm not interested in engaging in debate with anyone; criticizing anyone; I'm done, basically, with this board except for an occasional comment here and there; I'm trying to keep a positive outlook but it is difficult.  But there have been companies that have recovered from worse and the common theme, of course, has been great properties and I think that may be something Teuton and AMK's Treaty Creek qualify for and, in Teuton's case, several more potential "sleepers."

     
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