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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
Post by bovalenaon Jul 08, 2019 5:42pm
79 Views
Post# 29896907

Strategic Investor

Strategic InvestorIt seems to me that Dino agreed to a market valuation of 8 million for Teuton as he just sold 10 percent at that level.  Why with the drill bits turning and our fate to be determined by the results would you do that?  Unless the cash has been frittered away and the lights about to go out?  Surely we have the cash to operate and pay the basic expenses.  Did we need the cash that bad?  Right now?  This SI just bought 10 percent of our current gains in Tudor and the potential future gains in that stock.  I just dont see the upside for us shareholders who afterall are suppose to come first.  Will this cash allow us to drill the MT anomallly under the ice cap near Iron Cap?  Could we put all of this cash into Tudor stock with an aggreement that that is what will happen and then float out a Tudor stock dividend to us long suffering shareholders who are the owners of this company but sadly with a very meek voice.
Bullboard Posts