RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I never doubted the crypto coin ever being createdCskjurasu: What happens if some ounces are produced? Who has a call on them? If AMK, which tokens are backed by mined gold vs in ground gold?
Ownership of production is established by the percentage ownership of each of the Treaty property and would be divided accordingly.
With AMK there is only one token, the placer property has nothing to do with it. As I have commented several times the two tokens are distinct and separate. People are constantly conflating the two coins proposed by Cunningham. One is for the AMK acquisition, the other is for the placer property.
Anyway, the AMK token, NGTGOLD has a potential value based on the value of AMK as a company which happens to have 20% of a gold-in-the-ground resource. If there were future gold production, then AMK's 20% share of production is as a company, the company of which token holders have ownership.
All this assumes that all AMK shares would be cancelled after the buyout, and only NGTGOLD token ownership of AMK remains.