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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 budwieser on Dec 20, 2024 12:10pm

Nugget coin

Is holding fairly steady between 85-95 cents which is ODD as almost all others are down 10-20% lately.
Comment by Larry60 on Dec 20, 2024 12:20pm
bud, thats cuz Cunninghsam and their associates/affiliates hold 99.9% of the oustanding tokens!!!!!!!!!!!!! Check out etherscan, no real net trding taking place imho......... it will crumbel.........imho.........but never go away!!!!!!!!!!!!
Comment by curtis111 on Dec 20, 2024 1:15pm
https://etherscan.io/token/0x810296898a4f870619b015c0b13c8c6e65b305e3#balances   Here are all of your holders. NGTG is doing great. Will be interesting to see if we can unlock some value in these plays in the crypto market. Hopefully this will work and we see inflows back into the jr mining markets.  Merry Christmas Larry!!  
Comment by firestarterm on Dec 20, 2024 1:31pm
Yup! I see me on that list! And Larry,  just like that song lyric goes : " You can't touch this" Fire
Comment by Larry60 on Dec 20, 2024 1:56pm
firestar, the problem is 99.9% of the tokens are held by CUnningham and associate/affiliate entities that did not pay cash.  You then have the next 8 or 10 holders who each hold a few hudred thousand - I assume some paid for them but it adds up to nothing.  especially when you net out all the listing fees Cunningham must have incurred so far...........it would be six figures............ ...more  
Comment by Jetstream1281 on Dec 20, 2024 2:53pm
If you take the coins not held by Cunningham and assume that they were all sold at 0.60, that's $180 million raised....That doesn't account for anything sold at a higher price or any AMK shares bought below 0.43. I think this deal closes.....
Comment by Larry60 on Dec 20, 2024 3:12pm
tOP 4 holders are CUnninghsam and related/affiliated cunningham entities. $180 million USD was NOT raised.  ANd if it was, deal would have closed in November!!!!!!!!!!!!!!! By the way, those top 4 holders have had the tokens in their account for a long time now.......................must be nice gettin free tokens?????
Comment by GoldDigger60 on Dec 20, 2024 3:14pm
Pure speculation Larry, pure speculation.  Truth is you really havent the faintest idea!
Comment by Larry60 on Dec 20, 2024 3:45pm
Golddigger, it is not faint speculation.  292 million, of the 297 million, tokens that were deployed from the NGTG account went to 3 affiliated Cunningham counts about a month and change ago.  Those three acounts hold 98% of the tokens deployed from the NGTG account. And remember, NGTG said in its original white paper they would be giving aorund 1 billion tokens to Cunningham Mining ...more  
Comment by curtis111 on Dec 20, 2024 4:02pm
Just so I know Larry,  Can you show me how you know who owns each account and how the accounts are Cunningham affiliated? I don't know where to look on Etherscan to figure that out?   
Comment by GoldDigger60 on Dec 20, 2024 4:21pm
I didnt ask you for your basher interpretation of what you think. I am stating that you cannot prove anything you say so it is pure speculation. If it isnt, PROVE IT, That means actual proof.  Dont deflect to any other canned basher statements that were written for you.
Comment by Larry60 on Dec 20, 2024 4:30pm
Golddigger, You know what can be proven EASILY???  If Cunninghsam had $180 million USD for over a month now, as curtis and you are claiming, why has this little simple deal not closed???????  If Cunninghsam had the money, dont you think theyd confirm that to AMK and a closing date woulda been set weeks ago??????? I dont have to prove that Cunninghsam did NOT raise $180 million USD a ...more  
Comment by GoldDigger60 on Dec 20, 2024 8:02pm
And yet the basher deflects again on proving his posts. Scare tactics and manipulation. Prove what you say!
Comment by Larry60 on Dec 21, 2024 4:54pm
GD, Youre taking one out of the rumper flumper playbook. You want me to prove that CUnninghsam does not have the money.  BUt really, it is Cunningham who needs to prove to us they have the money.........BY PAYING US THE $210 MILLION THEY OWE US!!! Every prediction I have made has come true.  My next prediction????? 100% CUnninghs will NOT PAY the $210 million by the Outside Date a ...more  
Comment by GoldDigger60 on Dec 21, 2024 5:08pm
You keep repeating your speculation on this not closing. Prove it or shut the pie hole till you hear some real news. Not just your speculative manipulating scripted speech that is on repeat.  
Comment by Mustang80 on Dec 21, 2024 10:38pm
He wants Cunningham to pay "us" which implies he owns shares, but why would one own shares of a company one detests so bad they need to criticize it on repeat all day for months?  Cunningham isn't starting a new concept & coin backed by real world assets with the first deal they make not going through. Nor did insiders ask us to vote for an agreement & not sell their ...more  
Comment by GoldDigger60 on Dec 22, 2024 11:28am
It's the same narrative from his significant other on the Tud board 
Comment by GoldDigger60 on Dec 21, 2024 5:20pm
You seriously are saying every prediction you made has come true?? WHAT A JOKE. They have all been wrong , read your your post history,  you have been wrong every time.  
Comment by Robizounskin on Dec 21, 2024 9:40am
How can you sell something that you don’t own to start with.  Cunningham need money to buy AMK, they cannot as yet put Treaty Creak as a guaranty to backup their token for now, that is why they need and got a financing to proceed with the transaction, after the transaction is done then you have an asset working for you and you can sell token base on that asset to refund your financing.  ...more  
Comment by cskhurasu on Dec 21, 2024 10:56am
OK Robizounskin, if Cunningham is not relying on the advance sale of their token to fund the purchse of AMK, how do they intend to fund it.
Comment by Ork on Dec 21, 2024 11:38am
csk yer got the blues today lol - GEM U nob
Comment by roberto146 on Dec 21, 2024 11:42am
cskhurasu: "... how do they intend to fund it." Robizounskin seems to have laid it out, sort of. GEM gives Cunningham the 210 million even though they don't have sufficient collateral assets, then after they close the deal, the Treaty Creek AMK 20% of the undeveloped property becomes the 'working assets' (presumably along with the placer property) to  base token sales ...more  
Comment by Larry60 on Dec 21, 2024 4:42pm
Unfortunately, Robi either misudnerstand or misrepresents the Token Subscription Agreement. The TSA is not a loan.  It allows GEM, at their option, to buy tokens at a discoun to market.  Gem has either pre-sold (short) the tokens or will use their prop traders to unload them as they see fit.  GEM would never buy more than a small % of the daily volume at any given time for obvious ...more  
Comment by curtis111 on Dec 21, 2024 1:39pm
Hahahaha how do you get through life man!  
Comment by curtis111 on Dec 21, 2024 1:55pm
Chill and watch the show!! 
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