RE:RE:RE:NGTG QuestionsNo worries. Don't know what you're going on about, unless you had a post removed. Folks here are welcome to their opinions; none of it will bother me. I know myself, all my posts are legitimate comments. I never short stocks; I don't like the margin risk, and the potential for unlimited losses.
I sparingly use the Ignore button, because it's a pain in the butt not to know what all the discussion is about. For posters that are just lying shorts, etc., I just skip over the posts. Everything else I usually read, but take it all with a non-emotional grain of salt.
Back to NGTG. From my research the last few days, it seems they intend to create a portfolio of resource/gold-based companies/properties with actual resources or reserves. They will purchase them in the underperforming resource equity market, and hold them as assets for their crypto coin.
Holders of their coin will benefit from gold price changes, resource growth, and astute purchases. The big difference of the NGTG coin and an equity based resource company is the marketability. The NGTG folks they can obtain cheap equity based assets, and market them as crypto assets, with its much larger potential customer base.
They have an interesting theory. If it works, it might be a way for the forgotten junior resource market to attract more eyeballs and funding. The good thing for AMK investors, is that it does not matter whether they are successful or not.
We receive our $0.43 per share regardless. As of the moment I post this, Teuton is trading at a 50% discount to AMK (about $150 million to $75 million market cap). AMK holders can wait for the extra 25% gain at the buyout, and then use the funds to purchase TUO at what will surely be a discount to the $209 million market cap of AMK if they want to remain in Treaty Creek. You would maintain every benefit of being an AMK shareholder with the added benfit of TUO's NSR on Treaty Creek, plus all their other NSRs and properties.
Stockmoves1 wrote: Apologies Rockport if you were sincere / this post of your may have been and I may have over reacted to similiar type posts ..