Post by
Stockmoves1 on Jun 19, 2024 10:10am
Bird in Hand Buyout
If this comes to fruition that we get the green light by Aug 5th knowing it holds a favourable possibilty how will you vote? Before you say I need a larger payout there will be many things to consider. What is the price of TUD/TUO when and if that happens. Are they still a discount to AMK at 43? TUD would have to be close to $2.60 to be equally valued. Assuming TUD is at 1.50$ on gap when this Halts for a .43 buyout you can still grab TUD. Of course there is a time delay requiring a bridge loan or enough cash on the sidelines to pile into TUD or TUO and pay for that with your buyout at a discount to what you recieved. TUD likely will not get to an equal amount but even at $1.50 it keeps you in the game and is a discount to dollars gained... So unless this market turns on a dime there are other gem plays still really beaten up that allow you to maximize value in the Golden Triangle, Gold sector. Consider a Bird in Hand before you cast a no vote. I know where my vote stands. I am not saying it doesn't gets sweetened to 50cts but not holding my breath.
Comment by
garzillalives on Jun 19, 2024 11:10am
Considering that I now have to pay even more capital gains on my corporate profits (thank you Trudope), I need a higher price. So for me it's a NO.
Comment by
Stockmoves1 on Jun 19, 2024 11:26am
I see your point, I was fortunate enough to have the room in my TFSA due to a an early win to transfer additional AMK shares across from an rrsp to TFSA at 12cts and paid the piper. If anyone has the room to transfer even at .17 that provides a huge incentive should you capitalize on .43. food for thought.
Comment by
Stockmoves1 on Jun 19, 2024 8:00pm
For most people this is slightly more than a double average over the past 5years yielding a 20% annual return For other it may be a 3or4 bagger but heh it is green and I do want back in through another door.
Comment by
Stockmoves1 on Jun 19, 2024 9:18pm
Agreed I favor TUD at present pricing,, worse case .52 . 59 perhaps and even likely for a flush candle.. but heh it's all maniupulation and temporary.. Also apart from dilution I feel a 60% position warrants a premium to the price!! Is that why AMK gets 43cts.. ??? worth a thought.. The little guys bail early lol... or they get offers quicker.... all good.. strategy is important here ...
Comment by
NineLives on Jun 20, 2024 7:40am
That's a valid point Robiz, yes duration of investment is important and changes for each individual. But nsr's also get bought, see Eagle Royalties, ER, they just sold some way ahead of any production.
Comment by
Jetstream1281 on Jun 20, 2024 11:07am
According to my math, a buyout of AMK at 0.43 values TUD at $2.46 and TUO at 3.32 - the TUO price does NOT take into account the NSR or any of their other properties....it is ONLY their 20% interest in TC...
Comment by
Jetstream1281 on Jun 20, 2024 11:12am
So basically if you ignore hypothetical dilution and all other factors except for TC, TUD is the best buy right now by about 50%.....unfortunately you DO have to take those factors into account....I guess everyone has to wrap their own mind around how to do that....
Comment by
Larry60 on Jun 20, 2024 11:50am
You are wrong!!!!! TUD has to fund TC to a production decision. They will issue hundreds of millions of shares to do so. THey will double their share count in NO time!!!!
Comment by
Jetstream1281 on Jun 20, 2024 1:10pm
I certainly haven't forgotten that....in fact I'd hoped that it would be done by now....it would certainly simplify the situation....
Comment by
Larry60 on Jun 20, 2024 1:36pm
its a fantastic reason to buy TUO now. You are gettin all the spinout assets for free!!!! I just keep buyin TUO!
Comment by
CobraShelby on Jun 20, 2024 2:29pm
Yes you can say this it as been over 14 months now they have start the process.
Comment by
Larry60 on Jun 20, 2024 10:34am
9LIVES, you ae spot on. TUO is the way to go. Literraly get TC at a discount relative to AMK (at current inflated price) and TUD at a DISOUNT. You get everything elese for FREE: NSR, stock portfolio, a few dozen properties/nsrs. And vs TUD you also get the added benefit of FREE CARRY (like AMK does).
Comment by
Larry60 on Jun 20, 2024 11:05am
IF you assume that all of TUO's other assets are worth $0 (in Signan world!), TUO is still a way better deal than TUD! You pay about the same for relative interst in TC!! BUT YOU GET A FREE CARRY TO PRODUCTION DECISION WITH TUO!!! TUD will have to issue hundreds of millions of shares to fund gettin to a production decision. You spew misinformation!!!!! all imho
Comment by
Ork on Jun 19, 2024 3:08pm
AGREE with rocky-let's get it done baby 43 is the number, yeah bought more kept adding-ignore the brain dead knockers lol, gonna check out teuton then-more work, all calculus & reading on these hot hot hot summer days
Comment by
Stockmoves1 on Jun 19, 2024 5:55pm
Safest route is buy some TUD and TUO now because if it isn't bottom it is close to it.... Now that requires more risk if it doesn't happen but assures u have a part postion at a decent entry level vs a huge gapup if it closes...
Comment by
rockport1 on Jun 19, 2024 8:07pm
I'm still conducting due dilligence, but I expect I will open a new trading buy on AMK. The risk is maybe 40% to the downside, but triple on the upside. Excellent risk to reward in my books, and all likely to unfold over 50 days. Should a competing offer arise, that would just be an unexpected bonus.
Comment by
Stockmoves1 on Jun 19, 2024 8:51pm
Who;s Larry Lol ??? that's what Ignore is for may I remind you.. but good reply none the less :)
Comment by
MrVerbatim9800 on Jun 19, 2024 9:00pm
This post has been removed in accordance with Community Policy
Comment by
Stockmoves1 on Jun 19, 2024 9:29pm
Mute the Bashers if for no other reason than the peace of it all.. Doubt is a horrible thing that plays on emotions and distracts you from common sense !! way the odds / do the math / and pull the trigger ...
Comment by
Stockmoves1 on Jun 19, 2024 9:30pm
way WESIGH way WEIGH the odds and PULL the TRIGGER lol ...
Comment by
CobraShelby on Jun 20, 2024 10:04am
Agree 100 % Rockport1. Time to make money and whoever want to reinvest they will do so or not. Just hoping for a bidding war on this. GLTA
Comment by
Larry60 on Jun 20, 2024 11:09am
Cobra, you need a bid before you can have a bidding war!!! THERe IS NO BID FOR AMK!!!! After a long process of reviewwing options, AMK decided on a nonbinding nonbid from a private co that is related to a $2.5M makret cap pink sheets company that has failed to file financials for years.............and run by the same guy!!!
Comment by
Larry60 on Jun 19, 2024 5:38pm
There is no buyout. There is no bid. All there is, is a nonbinding nonbid for AMK.....from an entity with next ot money....and I mean next o no money. What does that mean??? Not very much imho. But it does give the nonbidder an exclusive to kick amk tires........a no shop clause. And a break fee in the event a transaction happens with someone over the next year.