Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

American Creek Resources Ltd > WARRANT EFFECT (?) 3(:)=0~
View:
Post by fairdinkem on Jun 18, 2020 8:39am

WARRANT EFFECT (?) 3(:)=0~

Without any doubt we must be wary of the "WARRANT SEASON" and here are the only 2 reasons why. And!  Reason number one 1, when warrants are issued they certainly can drive the market cap share price into the gutter because that company has no truly inherant share valuation to begin with (value?). 

Reason number two 2, is that Warrants can drive a company share price thru the MOON, if that company has a compelling reason for price appreciation. hint,,,TUD,,,

In this case AMK, truth be said, our appreciation NOW is coming from Tudor Gold and with AMK a very well run Junior Mining company here.  The appreciaeation factor or the MOAT here is greater and greater discoveries of ore RICH MINERALS on the JV claimsets in British Columbia, CANADA, more specifically in the Golden TRI-ANGLE of B.C.,CA. It is that when WARRANTS are sold into the MKT when great discoveries are being made in a mining company that the "SELLING EFFECT" of warrants will demonstrate "certification of market apprecieation in the VALUE for that company.  Our case is one of the simplest cases to evaluate during the warrsnt season in that as long as Tudor Gold gives successful results in a timely manner even during these warrant sales will only be seen as "BUYING CONFIDENCE in/by the public mkt" and that is in our favor with AMK.  Likely the warrant funds will be used to finance drilling at the DUNWELL claimset, which is long overdue IMO!  AND!  Its a good thing to have funds at the ready for a Jr EXP company when they need to drill.  AMK is preparred for drilling with funds from sale of ELECTRUM so future warrants will help to pay for further drilling at DUNWELL.  The Dunwell claimsets are demonstrating very high ore values from recent geo workovers.  AMK is very fortunate to 100% own the Dunwell claimsets.
Comment by Stockmoves1 on Jun 18, 2020 9:07am
great post explaining the warrants and drilling and funding.... sums up a lot of our thoughts Im sure.... the warrants are plenty but assuming they are all gobbled up here you know you likely have a few large houses taking positions and when the selling abates we go to the next level... at 16cts the warrant holders at 8cts is effectively getting free shares...... as long as these arent used for ...more  
Comment by Stockmoves1 on Jun 18, 2020 9:23am
Cant imagine where TUD when drilling really gets ramped up??? and then kick in 1900$ gold... with the virus coming back strong in China you have to know  what the markets will do.... Gold has been a strong buy now for aproximatley 9months.. I wonder why? when this goes to the next level lookout.. Gold fever will kik in...and not in a small way... I like your guys predictions here for a $1.40 ...more  
Comment by Stockmoves1 on Jun 18, 2020 9:49am
Dont be shook just BUY any pulls lol... If they [pull TUD as low as 1.30 FMV for AMK is 19cts on TUD alone... so if these guys want to top me up I double up... next major move is 19/24 If TUD doesnt fail 1.40 its going thru 42 sooner than later...
Comment by Stockmoves1 on Jun 18, 2020 9:50am
sorry meant to say $2 not 44 lol.
Comment by fairdinkem on Jun 18, 2020 10:07am
Right on!  My thoughts exactly.  We can get discount here if we accum when the pps gets a hammer,,,,,,,,,,,,,,,the beauty is keep EYEs "I"/me,myself &eyes on Tudor Gold for the smack dance,,,,of our lifetimes,,,,,,,,,,,,,,,in my heart "i" think of the PEZ,,,, dont care what anybody sez,,,,PEZ was and is the GREATEST in mining sector,,,,,,ever was and will always ...more  
Comment by Stockmoves1 on Jun 18, 2020 10:11am
between 11 and 13.. Im happy to take a boatload.... starting at 13 135...
Comment by Galaxym31 on Jun 18, 2020 10:14am
PEZ was the greatest I made huge money from International Corona at Hemlo .
Comment by Stockmoves1 on Jun 18, 2020 10:28am
11 here is worse case from what I see and not likely.. only if TUD pulls 1.23 and if it does i know where I will be parking a whack of cash...
Comment by Byhi on Jun 18, 2020 1:06pm
Comment by Byhi on Jun 18, 2020 1:10pm
Wish I ..could say the same... made a little money on it... Pezzim big trick was to put up a big bid on his stocks was a phoney... I fell for... Byhi...
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

Dealroom for high-potential pre-IPO opportunities