RE:RE:RE:RE:TUDOR to be bought out this yearOlympia2 wrote: TUD to buy out TUO? TUO is so much more than only Treaty Creek, I really can't see this to happen. Just think about the incredible value of TUO's nsr for Treaty Creek, Del Norte starts drilling now, extremely promising.
They have 10 (!!!) royalties in the GT, no buy back options,
Not only among those 3 parties but in the whole Golden Triangle, Teuton is in unique position.
Teuton is the leading prospect generator in the heart of the Golden Triangle with interests in over 30 properties, 11 of them under option
all you say is of course correct, but what could still happen is a Takeover with a spin-co
e.g. 20% Carried intrest from TUO to TUD for cash/shares an additional 1%NSR and a spin co
with remaining assets.
Wich of course would be a very good deal for all parties.
See what happened when Osisko Mining (the original Gold one) was aquired with Osisko Gold Royalties as a spin co, great deal over the longer term for the original Marlitic owners.
(a bit comparing apples to oranges here as Canadian Marlitic was a huge producing gold mine that time already, but just saying it could be structured smiliar.)