Teuton Resources Corp V.TUO

Alternate Symbol(s): TEUTF

Metals & Mining Industrial Metals & Minerals

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

Teuton Resources Corp

Bullboard Posts

Comment by Olympia2on Jan 16, 2020 11:29pm

89 Views

Post# 30563485

RE:RE:RE:spin out / cop out

yes I am, send me a boardmail...
more than 10 challenging years I am holding TUO now with all my loyalty. Everything over the years has been about Treaty Creek and only about Treaty Creek. Yes, challenging years with mental strain to the limits.
One week ago, I told a friend, that now our time has come and nothing can prevent us oldtimers from being rewarded. We just have to do nothing for the next 12 months than to wait for Ken Konkin to do his job and make the real break up year happen, as he said. Life changing things in front of us. End of next year, TUD will have the PEA! Nothing can prevent us from being rewarded, except one thing ... and exactly this seems to happen... Right before the real value is going to be unfolded, after so many years of suffer, a nightmare
I absolutely agree, that this construction is for a reason and I absolutely will not increase retail shareholder value.
Easy buying is the goal, they say, means easy selling. Simplify any Buyout or Takeover offer of our Treaty Creek asset
Those 10% of spinco will be first heavily diluted from a interested party and than bought out for cheap.
Our current 20% Treaty Crek, guaranteeing a multi bagger, I say a 10 bagger at least,with patience. Now, it will be cut in small pieces and disappear in an obscure construction. When a major steps up buying out the whole Treaty Creek for real money, hundreds of millions if not billions, how will he buy those remaining 10% which are hidden in TUO except buying the company completely out?

Immediately after the decision to proceed, the process of diluting retail shareholders value begins, it is there in black and white...for what?
Shareholders of Record, principals of Spinco and those subscribing to SpinCo’s initial public offering and/or financing would own approximately 50% of SpinCo.

The administrative, accounting and legal costs associated with preparing for a spin

out submission are significant

UncleSon wrote:
Its not a spin out if the new company only get 50% of Treaty Creey asset. You then still have to carve out the 50% owned by TUO in any sale/acquisition or deal involving Treaty Creek. What I am I missing????

Create a new company allows for dilution with new spinco. What is to keep management from doing PP with "friends" on the cheap??? If it was a vanilla spin off (1 for 1) just to seperate this asset and put it on the back burner, I could be for that. That is not what we have here at all. It is overly complex and this is being done FOR A REASON!!!!

Tread very carefully my fellow stockholders. I am intrested in gathering up as many large shareholders as I can to organize (lawfully) and collectively voice our opinions and thoughts.

Is any one interested?