American Creek Resources Ltd V.AMK

The Financing Is In Place 💸

[bull_runz]

https://www.mining-technology.com/news/cunningham-153m-gem/

[bull_runz]

What AI says about it: Digital Mining Operations at Cunningham Gem Deposits Gem Digital Limited has entered into a token subscription facility with Cunningham Mining Ltd, committing $153 million USD for the proposed acquisition of American Creek Resources Ltd. This financing deal will support Cunningham Mining’s strategic growth plans and drive long-term value for its shareholders.  

[fordster]

I'm with you bull...I love AI reports....here's mine. Cunningham Mining Ltd recently secured a significant investment of $153 million USDfrom GEM Digital Limited12. This funding will be used for the acquisition of American Creek Resources Ltd, which will enhance Cunningham Mining’s presence in the gold exploration sector12. The investment is structured as a token

[Jetstream1281]

One more week.....be interesting to see what happens.....this next month and a bit should be fun!!!

[Larry60]

Fordy, The moral of the story is dont blindly trust AI!  You have just demonstrated that rumper plumper Pink Sheet type NRs can EASILY fool AI..........and many on this board. Cunninnham has NOT SECURED THE MONEY NEEDED TO BUY AMK! How much has Cunningham raised so far?  About $0.00 sounds right!?!?!?! How much can Cunningham draw down on the token subscription facility today? 

[fordster]

Fool...it's as good as the question posed to it. I asked a very specific question and this is the reply.  If I wanted a broader reply, I would have included more information in my question. What an asinine post. FO....without the rdy 

[fordster]

So with all your knowledge you omnipotently know the facts and the deal is dead? "We are confident that this financing deal with GEM Digital will support our acquisition of American Creek Resources Ltd and drive long-term value for our shareholders," added Cunningham. "We look forward to leveraging the expertise and resources of both companies to maximize the potential of this

[Larry60]

Fordy, anythin is possible.  even you have a chance of buyin AMK.............even if 0.00000000000000000000001% The token subscription facility, even if nugget trap gets listed and is suprisingly successful, would not allow cunningcram to access anything close to what they need to acquire AMK.   Ive explained previously how the facility works and why it is for a term of 36 months.

[fairdinkem]

The "Coin game" can be fun, but we are not getting any communications from American Creek, so how for what or for Who, and why ,we do not see any NR's. Just one big white page issue is all we see???????

[Larry60]

fairdinken, i think when all is said and done, AMK board and mangement need to own this colloasal rumper flumper and resign en masse!!!!!  imho

[curtis111]

Larry, I don't love this deal.. Don't really care where or how a company comes up with the cash. What would you like to see?? Thoughts on a SEA buyout?? 70 million SEA shares for a Treaty buyout at 22.50??  I get your negativity but would love to hear some actual constructive opinions from you besides jumper flumper bull about this deal.. one thing we can all ageee on is that this

[Larry60]

Curtis, There is NO deal!  Just a NONbinding eoi with a company with close o $0.00 in cash! They are NOT going to raise the money.  THey have not raised any in the months they were given!  This NONdeal dates back to at least Feb....................and that 6 or 7 months they raised $0.00 or close to it!!!!!!!!!! The GEM TSA will not get Cunningjam the cash to buy AMK Its great

[curtis111]

lol dude! I get what your saying.. I'm with you.. But all we need to see here by the 5th is a definitive agreement.. Everyone's worrying about seeing the cash in an acct.. It's really none of our business at this point. If we see the definitive agreement I think we see the stock jump to .30 which would be a good place to start selling some shares. My thought.  again, you're

[Signman]

Curtis I freindly reminder about Larry. He owns no shares here. He is only here to bash so nothing positive will come from that agenda. It would be against the motives of whoever he is advocating for. Many, like myself, have simplly put him on ignore. hit the three dots under his name and block him. Trust me your life will get better on these boards. And for fun I garantee 100% , despite I have

[JPPelletier]

>Signman, I agree 100%, ignore is the best answer. I also ignore his other user names

[Larry60]

SIgnman, Thje only positve thing about the CUnningwham NONbinding eoi rumper flumper is that it gave us all a chance to sell volume in the 20s...........like Stockmoves and his brother. Pointing reality is NOT bashing.  Its not pumping, not bashing..............just the facts.... imho

[fordster]

The problem is, Sign.... When you're signed out on a different device, His BS posts pop up. Depending on my activity, I switch back and forth between my phone and tablet.... I don't really care what happens here...a failed deal doesn't matter. Fairdinkem...your still far from being upside down on AMK.

[Signman]

Well there dear Forster you have aswered your own problem .. stay logged in on all devices ;)  Agreed at this point, while I hope it falls through, I will deal with and move on either way. It's the uncertainty that is vexing. Should it not be clear after 2 months ? Thanks brotha

[Larry60]

signman, almost half the posts on this board are by those who rant about how they are ignoring me!!! Its hilarious really.......but also sad. The only things I repeat are those truths that the rumper flumpers dont want to acknoweldeg.  Ive given the answers many times before, so Ill just repeat the questions!!!! Who is Cunningham What is their history What is ther financial position

[cskhurasu]

i have done a few deals in the resouce business in my time and I do not remember ever seeing anything as silly as this 43 cent takeover of AMK. How can anyone take it seriously.

[rusty111]

Consequently, the parties are now working on negotiating and finalizing a Definitive Agreement and as such, have extended the exclusivity period under the LOI to 4:00 p.m. (Vancouver Time) on September 5, 2024. Darren Blaney, CEO of American Creek

[fairdinkem]

Not bragging but I have made many many deals and I stand mystified about the Fire sale of AMK @ . 43 cent pps.  So I will stick with my $6. US Dollar per share as a good entry price per share. 

[cskhurasu]

Secuities that are worth US$6 do not sell for 17 cents on the open market..

[LonghandStrong]

But CSK, you are forgetting that the retail shareholders posting on this board have figured out that this is a no-brainer before the rest of the market. Fordster, SM1, JetStream, hyper-investors, they figured it out in 2018 and everyone else is just slow, both in action, analysis and intellect.   I'm surprised that Berkshire and Barrick don't have these guys on their advisory

[fordster]

I turned down the offer...more important things to do...

[Larry60]

Cassic Fordy!!! After pumpin the NONbinding eoi for months, ya know say ya turned down the "Offer"!!!!! The hall monitors have been pumpin this rumper flumper for months now.......... Now they all seem to be jumpin ship...................with exucses like: - were better off without 43 cent deal! - Offers too low - "I turned down offer"  Fordy All of the flumper

[karlschranz]

I believe you every word 

[rusty111]

So a 100 bagger or nothing ??? Sounds reasonable, especially in a depressed junior market Lol lol Lolly Lol    Let's ask Sprott if he thinks AMK will sell for 500 m to a billion ? Id like to hear Eric's and Ken's view on this sale but I know I won't as it's being negotiated currently  aloha   

[LonghandStrong]

You'd think if Sprott saw much upside that he wouldn't just be buying.  Am sure he has dry powder...

[curtis111]

You're right. Zero need to engage, clearly given his last response. Obviously zero interest to provide any options of his own besides his repetitive response. Good luck to you too!!