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Bullboard - Stock Discussion Forum 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... see more

TSXV:TUO - Post Discussion

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Post by bovalena on Oct 01, 2021 9:23am

AMK

At this moment in time I am glad I am a former shareholder of AMK.  I am glad to be a small shareholder in Tudor, and I am very glad to be a somewhat large shareholder in Teuton.  I must say as things are developing, I would have gone to a reputable bank as AMK management and simply borrowed the money necessary to retain what will prove to be a very valuble royalty.  If Highper is right then it's possible that the whole of Treaty Creek may contain 100 million ounces.  A royalty on this would produce dividends (hint to Dino) for a very long time.  I would like to hear from Teuton management on there view of the value of this royalty and , what there long term stragegy for shareholder value growth is in regard to their royalty.  In someways this news is unsettling and in other ways it certainly creates value for Tudor and its shareholders including Teuton IMO.  I think they gave away the golden goose for 100,000 shares of Tudor.  I almost have that much!  Wallace
Comment by Nosleep on Oct 01, 2021 9:40am
Looks like 5 million shares plus another 100k shares were issued to extinguish this royalty from what I'm reading?
Comment by HIGHonLITHIUM on Oct 01, 2021 11:05am
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 ...more  
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