RE:RE:Where are all the posters/pumpers....actually, its a non-binding letter of intent...........they wanted to make clear they had 0 obligation to mover forward but a 100% right to an exlusivity period and to a transaction. Cunningham must be quite the smooth talker????? Good for him,,,,,,,,,,,bad on AMK board imho
who knows, maybe there is great core that is about to come out and this non-binding non deal was just an opportunity to carve out $7M before it happened??? WHose gonna care if AMK gets takin out at 40 cents, right????????
Robizounskin wrote: For now, it’s only a Letter of Intent, shares value will not move so much until a financing of 209 million is secured with Cunninham, not that hard to understand. Will you risk buying at 30 and up if the financing fail this will go right back to shares value prior the LOI. On the other hand, the interesting side is this may generate bidding war at an early stage especially after the release of the first drills results which are expected at the beginning of July as usual like all the previous years, so one month prior the end date of the LOI August/05. As per KK smile in the last interview June/04 they seem to have very good feedback from the drilling field about the core extracted so far, timing of all this might be very good for us AMK shareholders.