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 Texasidioton Oct 01, 2015 5:39pm

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Post# 24155053

RE:RE:It's Truly Sad ---

Perhaps the problem ultimately rests with a structural disincentive created by Canada's tax and securities laws, Grat. Currently a company can accrue all the management fees it wants, leveraging these fees against an asset that can be sold at any point for a substantial sum of money, which then could be used to repay all the accrued fees. The more valuable the asset, the longer one can go on with the accruing and have a degree of certainty that these accruals will be paid. This situation might be a lot different, if management fees could not be accrued at all or if they were limited to a specific dollar amount and/or period of time.

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