American Creek Resources Ltd V.AMK

Alternate Symbol(s): ACKRF

Metals & Mining Industrial Metals & Minerals

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 situated approximately 70 km north of Stewart. The Austruck-Bonanza Property is located within the Kamloops Mining Division 53 kilometers north-west of the city of Kamloops in south central British Columbia. The Austruck-Bonanza Property is underlain by Devonian to Triassic Harper Ranch formation comprised of fine grade sedimentary rocks including mudstone and shale and includes basaltic volcanics. The Company holds 100% interest in the Austruck-Bonanza Property and 20% interest in the Treaty Creek project.

TSXV:AMK - Post by User

American Creek Resources Ltd > TUO vs the NEW AMK- (tomorrow)-

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Post by jimbo37on Feb 24, 2021 3:26pm

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Post# 32649571

TUO vs the NEW AMK- (tomorrow)-

TUO currently has a market cap or 145 million and AMK has a market cap of 166 million.

So tomorrow AMK has to drop 4 cents to match TUO but TUO is not spunout so how much does AMK have to fall to match that amount. Depends on the premium the market places on TUOs none Treaty Creeks assets- so I sold some today hoping to get discounted AMK tomorrow that exceeds the gain I would have got from Stinger shares.

This is all under the assumptions that Stinger trades at 30 cents the first day.

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