American Creek Resources Ltd V.AMK

My Price Target for AMK

[curtis111]

If we do end up with 40 mil ounces in the ground, which is what I believe we could easily have with Goldstorm alone. 20% of 40 mil is 8 mil ounces 8 mil ounces 450,000,000 (shares fully diluted) = .017 per share .017 100 per ounce is $1.70 per share based on ounces in the ground, which is how we should be evaluated once preliminary resource estimate is completed. To put this in perspective, this is only Goldstorm, doesn't include PS2, other properties or the fact Seabridge is in a lot of trouble if it can't get the MTT through our open pit mine. Something big is coming i can feel it. Guys we are at the beginning of a life changing event. Congrats to all who have held on.

[fordster]

I feel it too Curtis....the Seabridge request for an extension just excellerated it. I still can't figure out, "what's in it for us?" To do a joint venture. Please feel free to educate me.

[curtis111]

At this point I'm with you 100%. I talk with Kelvin Burton all the time and he gets me pumped. We are at the beginning of an insane bull run in gold. Are we at 100 per ounce or could we be at 2-400 per ounce in the ground?What do we look like if gold is at $3500? It's a realistic number. What if I said I think this could possibly be a 5 dollar stock in a few short years, plus a spin off of

[yurygoldonov]

I agree with you Curtis if the cut off grade has not changed since 1700$ per ounce.  100$ per ounce in the ground is way to low and 300-400 is becoming more appropriate as we get closer to 2000$ per ounce.  It is also clear in my mind that as we consolidate price of gold above 2000$, the gold reserves might increase as the cut off grade will decrease to adapt to new economics.  Then