RE:RE:TeutonDino had the foresight to protect the shareholders interest in the treaty creek NSR. The voting rights agreement Teuton signed with Eric Sprott does that. It is still valid for two years and a few months.
In just over two years the market and the shareholders will have a lot better idea of what the NSR might be worth. With any luck the exploration campaigns at PSZ-Konkin eureka orpiment and atop the gopldstorm mountain could dramatically alter the NSRs value.
Spinning out the NSR too early in the game could rob the current shareholders of that incredible opportunity.
Mining royalty companies are in the business of buying up NSRs... When and if the time comes and if it is in the shareholders best interest to sell the royalty it can be done. Conversely Dino may have the option of selling treaty creek while retaining the NSR for the shareholders..The buyer of treaty creek paying for the spin out of the rest of teuton's property portfolio and the NSR into a newco...
Dino is a couple of years ahead of you guys...He has optimized our chances of cashing in on whatever value the royalties will ultimately hold. Well he has provided us with a secure two plus years window of opportunity for the optimization of value on the treaty creek royalty position..
Now is the time to sit back and let the drillers determine the ultimate value of the NSR potential at treaty creek. You can't do better than that... Case closed...