Take physic, pomp

The future of the junior mining exploration sector

IKN is a little late to this (it kicked off Feb 26th) but thanks to reader ‘FG’ not too late, because tenders are accepted for another two weeks. Roll Up Roll Up Laydees an’ Gennelmun.
Even though the specific circumstances of this one are different (Teuton lost a court case vs American Creek and needs to pay up, so assets have been seized rather voluntarily put up for auction), expect this type of opportunity to show up with more frequency. Hopefully the rush happens in 2015, but the way these zombie juniors manage to live on even after all life-force is gone suggests that “Peak Disposal” will come in 2016.
Here is your link, here’s how it kicks off:
For Sale: Mineral Tenures formerly held by Teuton Resources Corp. (the “Mineral Tenures”) pursuant to a Supreme Court of British Columbia Writ of Seizure and Sale filed on January 23, 2015 in BC Supreme Court Action No. S107895.
Approximately 235 Mineral Tenures, primarily in the Stewart – Premier – Sulpherets – Eskay Creek – Red Chris region of Northwestern British Columbia (the “Golden Triangle”), generally described by Teuton as:
Bay Silver, Big Gold, Bonsai, Campbell Ridge, Clone, Del Norte, Eskay Rift, Fiji, Four J’s, Gold Mountain, Harry, High South, High North, Konkin Silver, Lord Nelson, Melt, Midas, Orion, Pintore, Silver Bell, Silver Crown, Stamp, Tennyson, Tonga, and Yellow Chris.
A complete list of Mineral Tenures, Terms and Bid Documents may be obtained from Accurate Court Bailiff Services Ltd. (the “Court Bailiff”).
Bidding Ends: 12:00 Noon, Pacific DST, March 27, 2015
continues here
I quite like that ‘Peak Disposal’ title. Thanks for the headsup, FG.

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