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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

American Creek Resources Ltd > Amk Verses Tud
View:
Post by goldenrule on Sep 22, 2020 11:01am

Amk Verses Tud

Hi owned stock in both companies for a very long time and when this market crashes I am backing up the truck and loading up. and often wonder which is the better buy I think it should be a 6 to 1 ratio for example if AMK was .20 Tud should be 1.20  My logic is both companies hold other properties and lets say treaty creek was wourth 10.00 a share Tud would be wourth 6 amk 2 but amk has twice as many shares so that is my very crude way I have come up with this 6 to 1 I would like to here other opinions?
Comment by Stockmoves1 on Sep 22, 2020 11:09am
sorry but your math is waaay off... TUD current share price Tot outstanding Market Cap 3.00 155182148 465546444 Market cap adjusted to 100%   775910740       AMK's 20% of TUD    155182148 ...more  
Comment by goldenrule on Sep 22, 2020 11:17am
I am not talking about what they are at or where they have been but what is there real ratio value without manipulation.Do you think it 10 to 1 ? so if amk was on sale for .30 and tud for 3.00 which is the better buy.If you are looking at wich stock to load up onat what ratio do you think one is a better buy than the other?
Comment by Stockmoves1 on Sep 22, 2020 11:21am
Im sorry but you are not listening or reading... Look at that formula I provided which is straight forward math.. at 3$ TUD gives AMK a FMV of 42cts on the 20% share of TUD.. now account for TUD carrying costs of exploration / and the spinoff AMK will be doing to give FMV to all other properties and we are trading at an aproximate 80% discount.. So if you prefer a sale of 50-100% over TUD's ...more  
Comment by CharlieWaffles on Sep 22, 2020 11:23am
Super simple. TUD MCAP should be = to AMK MCAP and TUD divide MCAP by 3 and this should be = to TUO and AMK. Focus on MCAP first.
Comment by CharlieWaffles on Sep 22, 2020 11:24am
GRRRR, ment.  Super simple. TUO MCAP should be = to AMK and TUD divide MCAP by 3 and this should be = to TUO and AMK. 
Comment by goldboggie on Sep 22, 2020 11:23am
Correct me if I am wrong on this. 100% Treaty Creek = TUD 60% + AMK 20% + TUO 20 % Therefore  AMK   =  1/3 of TUD value?
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