RE:I gave him some credit.
Thank you for your response, Sherbrooke1. The Court disqualifying Teuton's expert witness (Mr. Cremonese himself) and the failure to replace him with someone agreeable to the Court might be looked at as the key moment of the Treaty Creek trial, because it left Judge Grauer with no alternative other than to rule in American Creek's favour, since no one was contesting that more than $5 million had been spent. The nature of the expenditures always had been the issue, not the amount. Those infected with hydrophobia always will blame "Dino the lawyer" for anything that goes wrong, including this critical failure, buy I don't.
Nevertheless, it's all water over the dam now and here we are. American Creek and Teuton now are in exceptionally good shape going forward. Whereas once we seemed to have been locked into a dead zone where nothing would be accomplished at Treaty Creek, now we have good reason to hope, especially since neither American Creek nor Teuton has to spend a dime exploring the property. To pay for exploration on their own would have left American Creek and Teuton severely diluted and we Teuton shareholders already know what it's like to endure a desanguination. The situation now has changed totally and both companies can look forward to higher share prices once we receive good assays, which presumably will be arriving toward the end of this year or early in the next.
To those who criticize Teuton for not diluting its share structure to raise funds for exploring elsewhere I can only say that sometimes it's better to do nothing. This is such a time. Waiting is the best strategy. Sit on the egg and let it hatch. If we receive good assays, which are only a few months away, we can expect Teuton's share price to rise substantially; that is, if the Company hasn't been taken out beforehand. The 20% carry is worth a lot of money and two-dollar Tudor means Tudor can offer 20 million shares for all of Teuton's properties, including Treaty Creek, which places Teuton somewhere in the vicinity of $1 per share. That's mighty tempting.
Please continue to post your thoughts. I don't know why people freak out when someone else writes something they don't want to read, no matter how outrageous the post, and at least from my vantagepoint your comments always have been sensible, sometimes incorrect, and always quite welcome.