Post by
NineLives on Nov 10, 2024 8:18am
All and anything Crypto
Is soaring. Just looked at the the top 20 coins and they're way up over the past week. Overnight Bitcoin just hit $80,000 !!
Great move by AMK, Cunningham saw where the markets were heading and grabbed it by the horns, having a coin backed by Gold in the ground a very smart move.
Volume in Crypto has been soaring, just look at the $$ move Coinbase has made, while on the flip side volume on listed junior explorers remains low.
Comment by
rusty111 on Nov 10, 2024 9:11am
Timing is key !!! Cryptos on fire it's a smart move to take the deal especially with thousands of Canadian juniors all competing for cash 200 - 300 % is a good average if your holding a few of these companies in your portfolio Aloha
Comment by
NineLives on Nov 10, 2024 10:37am
Hmmm Bud, let's get the facts straight. The coin, once this deal is consummated will be backed by 20% of the whole Treaty Creek property (not just a super cell) and 100% in the Austruck property !
Comment by
budwieser on Nov 10, 2024 10:45am
Which gives it a value of about 20% of Tud current value 40 -60 million , I was being generous with 120 .
Comment by
NineLives on Nov 10, 2024 11:33am
You have to stop comparing it withTUD. You'll drive yourself nuts. TUD is not the one being bought out, TUD is still facing more dilution until an actual production date is called. If TUD gets a buy out offer then great. Everyone can party. Right now it's an AMK party. Won't bother to explain this concept anymore, it's way too frustrating. Head bang head bang. GL.
Comment by
budwieser on Nov 10, 2024 11:44am
Ok compare to Tueton then. I am not comparing Amk with Tud I am comparing the COIN with all of them.Was talking Coin not shares.
Comment by
roberto146 on Nov 10, 2024 12:35pm
NineLives: "The coin, once this deal is consummated will be backed by 20% of the whole Treaty Creek property (not just a super cell) and 100% in the Austruck property !" You forgot the placer property ... Nuggettrap, the namesake of the coin, and the currently owned property.