Post by
NOMOREROLLBACKS on Feb 17, 2021 9:23pm
WINNER!!!!! .. HOW BIG????
NO CASH CALLS FOR TUO or AMK UNTIL PRODUCTION NEED. WILL NEW AMK BE SOLD? Not for a year or two... Tud is set up and waiting to start drilling now. Will TUD be the buyer of Amk and Tuo??? HMMMMMM ... They want to drill longer than last years may to dec period.. Almost a 7 month season... Unbelievable accomplishment!!!! with 6 drills running.... I read somewhere that the results were been redone. Really good results get verified, poor results dont.. HOW BIG A WINNER DO WE HAVE??? HMMMMMMM!!!!!
Comment by
rusty111 on Feb 20, 2021 1:55pm
Why would Tudor buyout AMK? My understanding is on February 25th AMK is totally separated and in position to sell if offers come in. Im surprised Teutons management haven't followed this arrangement of a spinout also Mahalo
Comment by
flashcash on Feb 20, 2021 2:03pm
They basically agreed to align their exit strategy with E Sprott. For the right price and or share combination. At 15 million oz's we will have 3 million of those, which for a MC of less than 120 million US $ is nuts !
Comment by
Stockpicks96 on Feb 20, 2021 3:16pm
I agree with you Flash. AMK is primed to be the first takeover candidate. My one concern is not proving up enough value of the perfect storm first before a takeover. However, as you said, Sprott and management wouldn't let AMK go without the right price so I do trust in their judgement. GLTA!
Comment by
fairdinkem on Feb 21, 2021 1:28pm
good point,,,,somehow there is some advantage in the transaction,,,i can not nail down just what that would be, meanither simple or more complex??????? wished i had the answer pinned down, but either way it gos i take it as a positive,,,,think we need more refined detail inre:? topic,,,