Tudor Gold Corp V.TUD

say what? why did cunningham raise an extra $183MUS ?

[highper]

Is it in preparation for a follow on bid for tuo or extra money that may be required to compete in a bidding war for amk? I don't know but this teuton shareholder is not about to allow them to swoop in and take out my interest in treaty creek for pennies on the dollar without a fight.....$36 an oz canadian or thereabouts is an insult .... 

nobody is considering the question as to where cunningham would come up with the hundreds and hundreds of million dollars of expenditures required after the feasibility study is completed....


tokenization of their putative share of the treaty creek gold doesn't make sense to me.... owning 20% of treaty creek comes with a liability of $1 billion if building out treaty cost $5 billion.. 

GEM Digital Limited Increases Investment in cunningham

GEM Digital Limited Increases Investment Commitment With Cunningham Mining Ltd From $153M USD to $336M USD

 

[firestarterm]

Holding for a competing offer as well. Should see it fairly quickly if it's going to happen now that this deadline has passed It would not surprise me if threy didn't already have some crypto rich financiers in the wings.  Some Bitcoin Holder etc.

[highper]

they have to be thinking gold mining investors are stupid to make such a ridiculous offer .... in any event ken konkin will now be a star at the beaver creek and denver gold forums.....i sure hope the amk management is wilier than the wile e coyote... if a bidding war breaks out for amk they will have claim for a spot in the mining hall of fame... i hope so but we'll see soon enough...

[Robizounskin]

To me Cunningham is well aware that an unsolicited bid is more likely to come around the corner, so they decide to be ready for matching offers with that extra 183 million Dollars US available immediately as required, it's not for fun that they have announced the new financings with GEM just the day before the deadline.  Wy do so if it was only for some future other deal with with others

[highper]

In my opinion cunningham's offer is not even close to what the miners will pay for an oz of gold in what is looking to be a tier one mining project in a politically stable location.... They re likely to double their money with the release of the PEA that is coming out in 6 months. And that is only the beginning cause it looks to me that ken konkin put the rush on pea completion so that it

[Mustang80]

Highper, What makes you think Ken put a rush on PEA?  Everything I hear is he wants to take his time & get it right.  Also I don't understand what you mean about pad 13. Did they not have the funds? or can you clarify your point? ...Just questions, trying to learn! 

[highper]

Previously, ken was talking about completing the pea sometime in the second quarter.... Being an real old hand at this game i took that to mean around june.. he moved that up to late in the first quarter or early in the second quarter.... beyond that i am not siri or chatbot or an algorithm... i read things and watch videos and retain them in my memory... you will have to do your own diligence and

[Stockmoves1]

you are right / KK made it clear the PP is happenning and the schedule was clear / the only thing I felt was money will need to be raised and something was in the works to answer our question as to why no word on this front / The master plan is finally coming to fruition . Like yourself, I felt likely close to June . always be conservative and you will not be dissapointed ..

[Mustang80]

Thanks for the detailed response, highper! For clarity, I wasn't expecting you to quote what video he said what,  that would be crazy, just wanted your take on what you heard.