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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 > Just watching from the sidelines
View:
Post by budwieser on Nov 26, 2024 10:18am

Just watching from the sidelines

As I sold , but am interested in how this plays out .Is it possible Cunningham just offers the Coins in exchange for shares? Or will there be a lengthy extension until they sell enough coins to pay the 200 million? Why would Gem lend 200 usd to Cunningham when they could of just bought Tud themselves and had full control? Don't get me wrong I am a big supporter of the Amigos and want to see Amk shareholders cash out but after tracking the Nugget Crypto sales and being fairly well positioned in crypto something seams Off.
Comment by Larry60 on Nov 26, 2024 10:53am
Bud, I think they initially go for an extension while they talk up how close they are................then they will move toward the "will you take magic beans at a discount" approach! BTW, GEM is not "lending".  THey entered into a token subscriptioin agreement.  Theyll buy tokens at a discount from time to time which will be tied to NGTG volume.  Its tied to ...more  
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