American Creek Resources Ltd V.AMK

The Deal

[cskhurasu]

Paying $210 million for a 20% undivided interest in an exploration project over which AMK has no control, offering 43 cents a share when it is trading for 11 seems ridiculous to me. If Cunningham actually raises that money there are far better ways to spend it.

I am amazed that there are posters here claiming this is an underpayment. IMHO,

[curtis111]

Well then I guess it's a good thing it's just that, your silly opinion. 

[rusty111]

What this crew has been suggesting is illegal trading and nefarious activities in order to undermine AMK's and Cunninghams credibility  Why would companies that never have been involved with any shady dealings of have any convictions on their books all of a sudden decide to do something outrageous and get into a lawsuit involving the SEC as Larry has constantly been suggesting

[NOMOREROLLBACKS]

145M $ USA FUNDS IS CHEAP FOR A 20% INTEREST in probably 4 mines..... Buy tud if it does close. They own 60 %..... 

[Larry60]

rusty, What are you talking about?  a lawsuit involving the SEC????  Please, do tell!  No one knows what will come if/when deal fails....for good.  I've always foucussed ont he facts: 1)  CUnningham does NOT have $210 million, 2)  The 36 month tokens subcription facility will not, and did not, provide Cunningham the ability to close the AMK tansaction.