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.

TSXV:TUO - Post by User

Teuton Resources Corp

Bullboard Posts

Post by Redrum180on Aug 13, 2014 4:07pm

324 Views

Post# 22838499

Possible Solutions

Well, we all seem to want this litigation to end so both companies can get back to exploration; the question is how can that be done.

The first question is, of course, is is each company ready to settle? My hunch is that the answer is "not quite yet." AMK wants to see where they come out on the legal fees first and Teuton wants to see if an appeal is granted to either gain leverage towards a settlement or retry the case. Those are just guesses on my part.

So let's pretend, for a second, that a time comes when both companies are more receptive to settlement talks; say, for instance, AMK is granted a certain figure on legal fees and TUO is given the right to appeal... again, this is just a hypothetical scenario.

If the above happened, I would suggest the following type of deal to stop the next round of litigation in its tracks:

AMK drops the defamation suit. TUO withdraws its appeal. TUO, without admitting or denying any liability in the defamation suit can simply give AMK a bigger percentage of Treaty Creek to end the case once and for all.

In the alternative, it could give AMK one of its other properties directly or as a newco which would be spun off to AMK shareholders. There are many possible variations. AMK could easily raise money for the newco to drill the prospect.

AMK has shown an ability to raise great awareness and interest in projects that I believe other companies cannot match. Teuton has a lot of prospective projects that they cannot hope explore for years to come.

It could be a win-win and an end to the legal overhang for both companies.

NOBODY WANTS TO BUY INTO COMPANIES MIRED IN LITIGATION.

Now, of course, I can hear it now, "Why should we settle when we did nothing wrong?"

My answer: "Life isn't always fair. We lost the litigation and the cost of an appeal is prohibitive! Get over it!"

Now, that line of thinking might not make me popular with Teuton management, but I'm thinking about what's best for my investment; not necessarily who was "right" or "wrong" in the first instance.

Now, I'm not "married" to this position; I just toss it out there for comment; what do you think?

Bullboard Posts

Gold vs. bitcoin, where should you invest?