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Bullboard - Stock Discussion Forum American Creek Resources Ltd V.AMK

Alternate Symbol(s):  ACKRF

American Creek Resources Ltd. is a Canada-based junior mineral exploration company, which is engaged in the acquisition and exploration of mineral properties, principally for precious metal deposits. The Company’s projects include Treaty Creek and Austruck-Bonanza. The Treaty Creek Project covers approximately 114 square km in the Skeena Mining District of northern British Columbia and is... see more

TSXV:AMK - Post Discussion

American Creek Resources Ltd > Cunningham/GEM, AMK transaction. Money is available
View:
Post by MrVerbatim9800 on Sep 17, 2024 11:08am

Cunningham/GEM, AMK transaction. Money is available

I just had a lengthy conversation with seniors involved in the GEM, Cunningham, AMK transaction. To put it simply; Cunningham can raise the capital via their own token sales within the timeframe specified in the definitive agreement. However, IF Cunningham requires the need to utilize the approved financing provided by GEM, they have access to the money immediately, at any time, for the full purchase of AMK. Yes Cunningham has to get listed and that is in progress.

Some other familiar names were brought and, prior litgation regarding defamation was mentioned as well.
Comment by Stockmoves1 on Sep 17, 2024 11:25am
Some other familiar names were brought and, prior litgation regarding defamation was mentioned as well. I WROTE AN EMAIL TO STOCKHOUSE ABOUT THIS GUY YOU ARE REFFERING TO ALONG WITH OTHERS AND MENTIONED JUST THAT!! THESE GUYS SHOULD BE SUED FOR DEFAMATION IF THIS DEAL GOES THROUGH / WELL THE DEAL DOESNT HAVE TO GO THRU FOR THIS TO BE VALID !!
Comment by MrVerbatim9800 on Sep 17, 2024 11:42am
SM.... SH doesn't care. Call AMK, Call/write Cunningham and GEM. They are watching very closely.
Comment by Stockmoves1 on Sep 17, 2024 11:46am
I hear you plainly / the reason I wrote them is they emailed me / Larry was on my case and they gave him full support as they pulled my posts non stop
Comment by Larry60 on Sep 17, 2024 11:56am
SM, your obsession with me is killin ya man.  Move on.  Buy some more AMK.  If ya luved it at 35, ya gotta be nuts for it at 24.5 !!!!! GLTA
Comment by Larry60 on Sep 17, 2024 12:15pm
Verbatim, did you ask if Smartcard (SMKG) was still involved????? did they pay the measley $300,000 "deposit" yet?  Cant they just put that on a credit card?  what has been the delay in listing the token?  6 weeks ago they said "listing in the coming days".  What is the new target?  "https://www.globenewswire.com/news-release/2024/08/05/2924685 ...more  
Comment by Larry60 on Sep 17, 2024 11:51am
Cunninghsam has access to $210 million?  Doesnt even need GEM facility?  All that AMK needs to draw down $210 million instantaneously is to get a listing?  No other factors determine how much Cunninghsam can draw down at any given time?  If true, that is FANTASTIC  NEWS!  Good think Ive covere most of the short position I took out a week ago Friday in the 30s!!!  ...more  
Comment by Larry60 on Sep 17, 2024 12:04pm
Vebatim,. Did you ask why listing of token taking so long? was supposed to happen a month ago, no?  This is what Cunnighsam said 6 weeks ago: "We look forward to leveraging the expertise and resources of both companies to maximize the potential of this acquisition and deliver positive results for all stakeholders. Our NGTGOLD Token will be announcing its formal exchange listing in the ...more  
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