American Creek Resources Ltd V.AMK

Let's say

[flashcash]

A major wanted to increase its reserves by 8 000 000 oz, for barrick that's just over 10 % of their combined oz's. How much would they pay for our lot, $600 million + !

GLA

[Varingianest777]

I believe walter Storm sold a 10 mill/oz discovery for around $4.5 bill. When gold was almost half these prices. I think that property was further along than this one, but .. Treaty creek is exponentially bigger, and easier to process. I think that the delineated goldstorm zone is going to be contain a number that will be exciting to say the least. The gold that is there is not constrained by the

[flashcash]

IMO there is multiple GS's on this here land.

[fordster]

You're damn right Flashcash!

[flashcash]

That's true but we have a none controlling interest of only 20% which commands less but importantly its free carry.

[Varingianest777]

Walter Storm is a smart cookie. He is definitely gonna get the best deal for all of the amigos. Yeah we have a 20% fully carried interest. So we don't have to pay for anything. My thought is: the discovery IS bigger  than the numbers that have been thrown around.

[Varingianest777]

The numbers from last years rdill program put the ounces  around 32 mill. 700meters average depth. We are now still hitting gold at 1440 m. The depth is now deeper than it is long. The grade has increased over all, with the new grade pushing to King grade. we have roughly doubled our grade/ tonne. The majors that are at the table NEED this. I believe the bidding war for this is going to make

[amxjavelin]

Great post I agree AMK TUO TUD should group together ?.

[Varingianest777]

It is not in any of our interests to go it alone. Look at how far Tudor has brought us all. Fricken Light speed man!! My understanding is we are all in this together, we stand to make way more standing together than apart. Strength in unity. All the way to the BANK!!!

[Paray99]

True, TUD came a long way in this short time. I am sure AMK will be taken over by someone after the spin off. Recent drags on its SP shows orchestrated play... After spin off, we will be even - no gain, no loss - from the price weeks before!

[Varingianest777]

My hope is we sell Treaty Creek one little piece at a time, like the Goose that laid the Golden egg!! Years of payout's coming our way. The big players are definitely at work to shake out the scardey cats!!! Don't let go of the handle bars folks!!!

[amxjavelin]

I agree great post