RE:RE:RE:RE:RE:RE:Nugget Trap placer mineClose to 40 million AMK shares have changed hands since the NONbinding EOI was announced!!!!
Obviously lots of traders involved.
But clearly a bunch of bag holders with expensive AMK shares picked up on the misguided hopes that Cunningham would pay 43 cents, in cash, this past Monday!!! That did NOT happen and it will NOT happen in a month either imho
what will the bagholders do when the AMK board does the right thing and tells Cunningham to go way and not come back unless they have $210 million in their pockets?????
Ill give you a hint. It aint gonna be pretty........
Mustang80 wrote: Honest question--What exactly would the scam be? Scamming the token buyers or scamming AMK shareholders? Pump up the price, insiders get out & shareholders are bag holders? I don't see this happening here or at least hasn't yet. Or do you mean sweetheart deal where insiders liquidate an asset worth much more for peanuts? Sure if deal doesn't go through price could fall but it shouldn't stay down forever with 6 million oz. & counting, right? Just trying to understand.