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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 Jan 05, 2016 10:35pm
89 Views
Post# 24432143

RE:RE:RE:A question for Texas and his what ifs

RE:RE:RE:A question for Texas and his what ifsI must try to remember that you get headaches whenever anything reads more than five paragraphs. 

Nothing's changed, though.  IF (note the qualifier) American Creek does NOT obtain a quick judgment, it will have to raise its funds from some source other than Teuton in order to continue its operations.  What are your suggestions?  What should be the back-up plan?  If you're hoping for Holmes to do your dirty work, perhaps it might not go the way we both know is legally possible, but whatever the case, Holmes destroying Teuton won't benefit American Creek in the slightest and, if Holmes is right, Teuton should be able to raise whatever funds are necessary to avoid such a destruction.  So you're left only with the necessity of a quick adjudication.  American Creek's bills still will have to be paid and the January 1st opportunity to establish goodwill and increase the share price will have been squandered. 

Maybe Dino will form a new company that raises funds to buy Teuton's share of Treaty Creek.  Then Holmes and the others can be paid and Teuton will be left with a fat bank account and plenty of prospects while it waits for American Creek to present its case in a lengthy trial in Calgary.  When do you think it will start, Misty, and how long do you think it will take?  And what is the burn rate now that management has been changed?  And how much cash will the new lawyers be requiring?  Will they require the money up front mindful of what happened with the previous lawyers?  And if the old lawyers start getting antsy, will they do to American Creek what you say Teuton's old lawyers might do to Teuton?  When it's in the air, Misty, you can lose and I can lose.

Maybe there will be a quick adjudication and everything will be wonderful for you.  Pleasant dreams, eh?  Just like the old days.  Before Judge Grauer's costs award.  Well, keep in mind that the rent is due on the 1st, as well as on the following 1st and on the following 1st and on the following 1st....  And that's just the rent.  Yup, I think you'd better hope for a quick adjudication, and I know you know that all of this could be much different, and easily it could have started on the day Judge Grauer announced his costs award.  But it didn't and now it is what it is.  The first two garnishings were strikes one and two.  Maybe the January 4th application won't be strike three.

Good night, Misty.
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