RE:RE:RE:little substance a lot of fluffI agree Action.
If Cunningham does somehow manage to raise $60 million US with issue of 100 million tokens, it would give an implied value to the total tokens oustanding of $600 million US. All backed by what? An exploration permit on a property that no one has seen fit to drill on for a 100 years? I canNOT see how that will ever come to be!?!?!?!?!?
Of note is that HNRC, which has been given 90 million tokens, still has a market cap of $1 million!
BTW, the white paper mentions drilling at Nugget Trap Spring 2024 to ge a 43-101 out asap! Know how much drilling has been done there??? NOne, and its fall already!!!!
Action3030 wrote:
There are no Sedar+ filings on the Nugget Trap property designated by an NI 43-101 report signed and dated by deemed qualified personnel.
A Technical Report qualifying the Nugget Trap gold claims has never been undertaken.
Without them the white paper on Cunningham Mining tokenization is all fluff entirely with not a single verifiable ounce of gold in the ground to back any gold token support with.