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 Jul 31, 2014 9:59am

223 Views

Post# 22797902

Good News for AMK and TUO -- (New)

Check out the news on Seabridge obtaining Provincial approval for a 5.3 billion dollar mine at KSM!

I did see a brief post referencing this news just before my last posting but it sailed right over my head.

This could be the start of a massive -- well, there's no other way to put it -- bailout for both struggling companies. I know there's a long, long way to go from "approval" to actual mining, but Seabridge needs to have all its ducks in a row to make this project feasible for a large miner to come in, including a tunnel deal. I'd love to see a global deal made; that is, one final package between SEA and AMK/TUO and a second settlement between TUO/AMK so that work can begin at Treaty once and for all, or am I dreaming? Maybe.

I know an appeal has been filed and the legal damages have yet to be settled, but if the parties really want to get back to work, even if they truly dislike each other, a deal can still be worked out. But even if things have to run their course, this Seabridge news is very exciting.

GLTA

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