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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
Comment by Texasidioton Sep 17, 2015 12:17pm
93 Views
Post# 24112416

RE:Rocket Science

RE:Rocket Science
You're still trying to pin everything on Dino, Junglej.  You're making the people at American Creek appear to be automatons.  Watch out.  You might get sued.  These people are perfectly capable of choosing to walk away from the defamation case -- and what would be the harm, if they did?  You tell me.  Is it better to continue pursuing the defamation case or is it better to walk away from it?  The calculation has been made by these people and the consequences will be what they will be, but don't blame Dino and it's absurd to think that American Creek must pursue the defamation case in order to make up for any deficiency in Judge Grauer's costs award.

Gringomalo writes that Judge Grauer "hints" that more award is coming in the defamation case.  That's one interpretation, but the judge has drawn the line with his award for the Treaty Creek litigation.  His award is what he thinks is appropriate for Teuton to pay for EVERYTHING involving the Treaty Creek litigation.  Everything, Junglj.  If something egregious has occurred elsewhere, then take your complaint elsewhere.  It has nothing to do with the Treaty Creek litigation.  Yet, you wish to link the two law suits as if the shortfall will have to be made up in Calgary. 

You say that Teuton could have walked away from the Treaty Creek litigation once it received some of the missing-then-found evidence.  That's true. You say this is a "simple concept" that Miss Idiot cannot understand.  Well, I do understand it, Junglej, and it is you who seem to be having difficulty with the simple concept that this missing-then-found evidence might have given Teuton even greater reason to withhold title.

As I said before, the Achilles Heal in the matter stemmed from the ability of American Creek to back out of its stated purpose of exercising the Nine Percent Option.  If American Creek did not have this capability, Teuton would have been relieved of its anxieties about what American Creek did in the field and how it spent whatever money it felt was necessary to come up with a favourable feasibility report.  THAT's a simple concept. 

Well, there's your solution, too.  It's sitting there right in front of you.  But no, you want a lot more.  Your company expended millions litigating the issue, as if it had no choice anywhere along the line, and the judge awarded only a fraction of these millions, leaving your company desperately in debt.  Now you think there is no alternative.  You talk like your company is trapped, forced, into doubling down at Calgary, hoping the shortfall and perhaps a lot more will make the whole effort something to marvel at.  Maybe you'll turn out to be right, but somehow I get the feeling your calling for settlement has nothing to do with your great abiding concern for the well-being of Teuton.
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