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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 Dec 17, 2015 9:03pm
93 Views
Post# 24393780

RE:Are TUO shareholders asking any questions?

RE:Are TUO shareholders asking any questions?You just hit on a great idea, Junglej, and the shareholders should thank you.

You and the lawyers seem to think that these British Columbia properties right now could sell for a fortune.  Let's assume you are right.  Well, then, why not have Silver Grail settle its debt with Teuton by exchanging its debt for a portion of one of Silver Grail's interests in these highly valuable properties.  Knowing your concern for us shareholders, you'll be ecstatic, right?  No more loan to be repaid, eh?

Thank you, Junglej.

Of course, if such an exchange ever did take place, I bet you'd be screaming, "bloody murder."   Somehow you'd be saying that these properties aren't worth what you're saying they're worth right now.

Well, Junglej, Silver Grail wouldn't owe anything to Teuton anymore and the exchange should give you a good night's sleep.  What could be better?

Bullboard Posts