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
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
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.