Must Read - Planning STRATEGIES 4 AMK Shareholders !!(WINNERS) First off, this is not about bragging rights!! Last November, I suggested people transfer shares out of non tax free accounts to TFSA accounts to take the advantage of a depressed stock price of 12cts, vs a likely much higher buyout price in the future. If you were able to do as suggested you saved an aprox 75% difference in Tax savings / hopefully some took this advice. For once I listened to myself.
My other more recent suggestion is to find a way to get as many TUD tucked away soon as possible - this window is closing fast !!
Now if you were not able to access funds, you will soon have them via AMK winnings - I am not suggesting to sell all your AMK here, who knows, maybe we get a competing offer, that, I do not claim to know jnor fully understand. What I do know, is the current spread on TUD vs AMK is very undervalued in comparison and the argument to move into TUD is overally compelling. By capitalizing on the gain in AMK you essentially are getting back into the same Vehichle (but far better) for effectively 35% of the said FMV(fair market value) using the acquisition price of AMK as a comparison and not a very good comparison at that.
Many times over the years I gave advice to others only to miss out myself because I didn't have the fortitued to stay the course. Generally too emotional, too impatient, or merely shook out by market makers, bashers, etc.. Reality is, it was lack of maturity on my part often, often overtrading without a well thought out strategy and getting caught out of a play. How often in this game do you ever stick it out long enough or be fortunate enough to actually see it through to the end goal?? These opportunities are rare and yet here we are with TUD in the Palm of our hand and the writing is on the wall !!. So yes, when you have a winner, decide up front what portion of your position is truly Long. I have a new strategy to control my emotions. Long positions are in my TFSA with a broker, so I do not use it as a trading account, and it keeps temptation and emotion at bay. Many would say, well that's rather limited, but actually it's not. Some of us hit a few home runs over the years and made some windfalls on penny plays making our TFSA accounts huge vehichle's for future gains. There are folks that have been in AMK far longer than myself with far greater positions. I say congrats on your discipline and vision. I most certainly hope you take advantage of your gains and instead being dissapointed with the lowball acquisition price take no less than 1/3 of your winnings and pour into TUD. It's a win/win situation capitalizing on one and buying at a significant discount on the other. Assuming TUD is still a bargain under $1.50 you are replacing your AMk shares at a 50% discount to market. The FMV (fair market value) using AMK .43 buyout as a comparison is now locked into investors minds giving you no less than a $2.50 share price. We know that $8-12$ is far more likely. Now bashers will say otherwise the market just proved those characters wrong and speaks volumes about the deception these boards create! Do not be swayed by false misguided blokes wanting to rob you blind.
I suggest you take no less than 1/3 of your winnings from AMK, and pour that profit into TUD keeping your seed money as a result of the AMK final buyout. My suggestion is to Buy TUD now, and stay the course so you can celebrate a far greater winning down the road, likely 18 months or less. The windfall on TUD, aught to be far greater than AMK, because these boys have a well thought out Gameplan, and are not about to sell themselves and/or shareholders short. KK hasn't caved to pressure from outside sources saying enough drilling, enough drilling, get a PEA done. Instead KK is saying " I have one kik at the cat and I am about to do it right"./ This last kik at the cat I plan to go out in Fashion. KK will likely be celebrated as one of the most Succesful Geologist of our Time, if he isn't already!! In the most recent interview Ken mentioned we very well may have a Pretium discovery here / I wish I could find the price per oz Newmont paid for Pretium but if memory serves me right it was somewhere in the 300$ range and what AMK is accepting is a petence in comparison. yes, Pretium was a far more advanced property but we are mere months away from a PEA, perhaps 9mths or less with Gold nearly twice it was when Pretium was bought out with Gold at $1500. To say TUD will not be sold for 300-500$ an oz with the amazing results to date is selling ourselves short. Considering the recent drill results, potentially 3 supercells that prove to be HomeRuns, four more MAJOR targets like "the Perfect Storm" and Gold breaking out, this is a Most Boable ambition. I haven't done the math yet, but I have a pretty good idea and what $300-$500 an oz would do for share price appreciation on buyout is astranomical !! Remember, I am speculating that a major comes along and says look guys " I will give you XXX an oz for Goldstorm, and we will tack on another 50% upcharge to take the whole packagae off your hands". Like Eric says I am not after 10baggers I am after 100 baggers if not 1000 baggers !!!
LongandStrong..........
TUD
SM.
Disclaimer: these are my own thoughts only, please do your own DDand if you enjoyed this post Please give a Thumbs Up ..