I too have been steadily adding to my Holdings in LUXR, even averaging up occasionally, which is unusual for me.
I've been thinking a lot about what might happen with Teuton Resources aka TUO, their Treaty Creek property which is JVed with Tudor Gold aka TUD, and TUD itself.
Recently, TUD bought out AMK, the third partner in the JV, so now TUD has a single focus, Treaty Creek. Here are various scenarios I have imagined for what might come next.
1) TUD buys out TUO's share of Treaty Creek, leaving TUO with a large set of prospects in the Golden Triangle. A variation on this scenario is for TUD to buy TUO outright, with those exploration prospects either spun out into a new company or sold to a third party, which could even be LUXR recently spun out by TUO to hold yet another set of prospects in the Golden Triangle.
2) A third party buys TUD outright to get their hands on Treaty Creek. Then they could either buy out TUO's share of Treaty Creek or buy TUD and do a spinout or sale of the exploration properties. It is also possible that SEA, which is developing the nearby KSM deposit is included somehow, as Treaty Creek and KSM would be best developed together.
In either scenario, TUO as it is disappears, perhaps replaced by a new company holding the exploration properties, or just continuing on as it is now without its share of Treaty Creek.
The timeline for any of this coming about remains unclear, but big deals like this are normally done when the price of the underlying commodities are at cyclical highs, i.e. likely within the next six months.
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