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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

Post by bovalenaon Oct 01, 2021 4:29pm
357 Views
Post# 33953952

AMK

AMKThe way I read the tea leaves is that AMK had posted its entire NSR to some third party(UNKNOWN at this time) and had the right to buy it back for 1.5 million???(not sure of this figure).  They have now allowed someone else (the third part vendor???) to make the sale of the royalty and thus recieve 5 million shares getting all the upside of a serious gain in Tudor stock.  They received a pitance of 100,000 shares is what I am understanding.  What do I have wrong Zorg???  I think you see it my way, that this is a very good deal for all except AMK who could have bought back and retained the royalty and would then be in the same position as Teuton except for the $1.5 million in debt, but pay interest only and bet the come!  Much better than chasing Pixie dust at Dunwell!
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