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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

Comment by HIGHonLITHIUMon Oct 01, 2021 11:05am
153 Views
Post# 33952144

RE:AMK

RE:AMK Bovalena, I think you are missing the point of TUD buying the NSR and AMK agreeing to have it bought out and extinguished. NSR overhang has prevented many deals from occuring. I see this as TUD and AMK having the foresight to reduce the underlying NSR obligations for the good of the joint venture and to clean things up and package for a potential deal. That NSR is now extinguished. I also view this as a very bullish and positive move by TUD as they know what it will take to get a deal done. If the NSR obligations are too onerous then we may never see a Treaty sale. We should also see more being paid for Treaty Creek as NSR's are reduced/eliminated. Translating to more paid per share for each of us.  Simple as that.   
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