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Strategies & Market Trends : Canadian Junior Resource Roundup
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From: ayeyou9/11/2017 11:59:38 AM
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Couple points I missed on the TUO DD in post below....
Teuton holds a 20-per-cent carried interest in the property (carried until a production decision is made) as well as various net smelter return royalty interests. Teuton has also been granted a 2% NSR on 49% of certain claims within the property and a 1% NSR on 49% of other claims within the property (the 49% represents Teuton’s original interest in the Treaty Creek property). There is no buyback on these NSRs.

If you want to get a sense of the amount of claim packages TUO controls in the triangle have a look here. TUO actually is creating revenue from the various JV deals they have on some of those properties.

stockwatch.com

With Treaty Creek carried to a production decision and many other properties being explored at JV partners expense TUO is in great shape to keep its share count to its current level going forward while at the same time having a piece of several exploration campaigns.
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