Post by
HIGHonLITHIUM on Apr 08, 2021 11:54pm
Offer coming for 40% carried? Is it true?
I have heard this concept circulating. Rumor only at this point, but circulating. It's really simple. Here it is:
A major makes an offer to both AMK and TUO for their respective 20% carried interests resulting in a 60/40 joint venture. AMK and TUO are in the enviable position of not having to raise any money to fund the 60,000 meters of drilling that Mr. Konkin is planning on doing in the near future. Buying that 40% has got to look attractive. Especially with Mr. Konkin so confident that $30 million dollars will find another 30 million ozs!
Would AMK accept an offer? Would TUO accept an offer? Would a hostile offer be put forward if a friendly offer was rejected? What offer price would the shareholders accept? What would an offer do to AMK's market price? What would an offer do to TUO's market price? Rocket fuel. Sleep on that one. LOL
Comment by
rusty111 on Apr 09, 2021 12:17am
we all pretty much agree AMK is the first mail order bride to accept the offer. but these 3 companies will have pre arranged any send off way in advance . These guys are old dogs who have seen it all in thier years no new tricks just well thought out strategies
Comment by
Robizounskin on Apr 09, 2021 7:31am
Well at this point AMK may worth $1.50/share with this 27.3 M oz. at $110/oz., with hi possibilities to double this at Goldstorm site this year and duplicate it at Perfectstorm, I’m ready to let go my share for $5.00, otherwise forget it, I will hold to my shares tightly.
Comment by
Varingianest777 on Apr 09, 2021 8:19am
I like your of thinkin' The thoughts on the board today are AWESOME! Goldstorm is a game changer for any major. Not to mention Perfectstorm! They need what we GOT!