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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

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Post by Larry60 on Dec 19, 2024 10:06am

7 months?

Almost 7 months since CUnnninghsam deal was first announced.   Over 4 months since we were told Cunninghsam had the financing in place through GEM!!!!!!!!!!  TSA agreement might be in place, but that does not give Cunninghsam $210 million to buy AMK.  Look at every TSA that has ever been done and youll know what Im talking about.

Ironically, everything has gone in Cunninghsams favour since they started negotiating this deal back in fe/march of this year:

1)  Price of gold up around 30%
2)  Candian dollar down close to 10% in recent months making hte purchase price clsoe to 10% cheaprer in USD, and
3) Crypto has been on the tear of a lifetime.....of a lifetime!!!!

Yet here we sit with no $210 million and we've blown past 2 expected closing periods............and we are 10 days away from the OUTSIDE CLOSING DATE!
Comment by budwieser on Dec 19, 2024 10:22am
L60 , what you have posted about items 1;2;3 is correct . Except a lot of the MEMEs coins are fading away and probably will continue to do so until mid January.jmho
Comment by Larry60 on Dec 19, 2024 10:36am
youre right Bud.  Its been the "quality" names that have benefited in crypto (i use the term quality very loosely).   Its funny how the meme/joke coins of not that long ago, like xrp and doge, are now "quality" coins!  But certainly much of the trash being left behind - which is primarily becasue they were kept artificially high and now people are dumpting.& ...more  
Comment by budwieser on Dec 19, 2024 11:24am
L60 I would classify XRP as a ALT not MEME, it was the SEC who held XRP back but now Genslar is quitting befor the Don fires him.So I do see XRP overtaking ETH in a few years.
Comment by GoldDigger60 on Dec 19, 2024 11:28am
I agree Bud. XRP should go well. I hold quite a bit of it so I am very hopeful for huge gains. 
Comment by Larry60 on Dec 19, 2024 11:30am
Youre right Bud.  Im using the meme term very loosely.......................vs the real current ones like the squirrel (Iforget the name already) and hawk tuah!!!!!!!! NGTG doesnt fall into either catergory..................imho................but I believe it will be relegated to the dustbin of crypto tokens.coins  of days gone by in the not to distant future....
Comment by roberto146 on Dec 19, 2024 12:41pm
"... like the squirrel (Iforget the name already) and hawk tuah!!!!!!!!" That's Peanut the squirrel, (imagine forgetting a name like that so quickly - but I did too) and it went from 12c to $2.30 to 0.77 in 5 weeks. He's out of the MSM headlines now. These things move at lightening speed. Gotta be on your toes ... And Huaktuh just traded at 1.3 million for a penny. Price 0.0[8 ...more  
Comment by Larry60 on Dec 19, 2024 12:43pm
Great overview Roberto! Now all we need is for AMK to put out a simple NR update confirming that Cunninghsam has the $210 million and when the anticipated closing date is!  Or, in the alternative, tell us they have no clue.  EITHER WORKS FOR ME!!!!
Comment by NineLives on Dec 19, 2024 1:04pm
Re: Peanuts and others you mnetioned Not one of those backed by a tangable asset !  There is a difference. If you look at Stablecoins they're a lot more stable, ok bad joke. but you get the point. And please remember, once again, most decent coins can take years to penetrate the top 100 crypto base.  NGTG is on the right track just getting crypto buyers heads around the fact it ...more  
Comment by roberto146 on Dec 21, 2024 11:55am
UPDATE ON "... like the squirrel (Iforget the name already) and  hawk tuah!!!!!!!! Hawk tuah token, possible 'rug pull' denied: hawk tuah Tokens R Fun
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