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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

Teuton Resources Corp > TUO odd man out
View:
Post by Jumperdidwin on Oct 02, 2021 3:24pm

TUO odd man out

kinda interesting that both AMK and TUD have spin offs.
AMK cashed out their royalty and transferred it back to the largest holder of treaty creek (TUD).
TUO has no spin off and kept its NSR on Treaty Creek.
Maybe  Dino is going to buy the whole thing and get back what is rightfully belongs to TUO.

jump
Comment by stockzorg on Oct 02, 2021 5:18pm
In my opinion Dino has managed this situation remarkably well.  He waited to see what would happen with the other two Amigos spinning out the Treaty Creek asset.  That gives him more information on how it might go for Teuton later.  He watched while the AMK NSR was retired for the perceived current value of Treaty Creek.  He now holds the only NSR on Area 1, still has a buyout ...more  
Comment by NOMOREROLLBACKS on Oct 02, 2021 6:51pm
TUO management surveyed shareholders , over a year ago, as to a TC spinoff as the legal cost would be very high. The reported vote was i believe over 90% in favour... I assume it is still occuring..........
Comment by NOMOREROLLBACKS on Oct 02, 2021 7:06pm
se News Blast 1 message No attachment Jan. 7 American Creek's JV Partner Tudor Gold Intersects 3.286 gpt AuEq over 82.5 Meters Within 531.0 Meters of 0.999 gpt AuEq ...the Goldstorm Zone, Treaty Creek, Located in B.C.'s... Teuton 1 message No attachment Jan. 7 Teuton Reports Gold Results From Last Set of 2020 Holes in the Goldstorm Zone, Treaty Creek Property, Golden Triangle, BC ...the ...more  
Comment by highper on Oct 03, 2021 2:05pm
That was then and this is now. Eric Sprott bought a whack of teuton shares and commited to voting with management -- i think it was for three years... Ergo the potential predators couldn't sneak in and buy out our treaty position and the rest of the company for pennies on the dollar.. The need for preparing a plan to save the treaty creek nsr was then obviated....case closed.
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