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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

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Post by fordster on Jan 05, 2021 6:02pm

I researched

The exercising of options are not a good measure to go by....they present as both a buy and then a sell...not sure if we're on the same page.
Comment by flashcash on Jan 05, 2021 6:04pm
The buy price was the strike price, the option, and they pocket the difference to the sell price.
Comment by SkiBumRockies on Jan 06, 2021 12:51pm
But Options expire is my point....so...If it is not used ...it literally dissappears. So if you don't use it you loose it....so having the right to let's say buy 200k in shares at 0.06 cents or w/e the option exercise price....the value difference between it and the actual share price in the market would just dissappear.  Which when he sold was a little over 20 cents a share.....so ...more  
Comment by Canada300 on Jan 06, 2021 2:52pm
Although I think this isn't necessarily a huge deal, it is still a bit fishy, guy makes over $220k a yr and needs to sell stock to buy $12k worth of options. I'm quite overweight on this stock and am anxiously waiting for this thing to get moving again. DB makes quite a bit more yearly than I do and I don't need to sell any stock if I was to buy more AMK., which I won't until we ...more  
Comment by john2305 on Jan 06, 2021 3:12pm
anyone expecting a drop in AMK after the spin off ?
Comment by Krammer000 on Jan 06, 2021 4:08pm
I don't think so because our share price right now doesn't take in account our other properties. Party the reason for the spin off. Based of gold in the ground AMK is well under valued. Once reasorce is finalized it opens up a whole new investor clientele. Amk will see a huge up take in share price and a possible a premium buyout. The increase of gold is icing on the golden cake. 
Comment by Stockieee on Jan 06, 2021 5:55pm
Lol hasn't it already dropped 30% from a month ago?
Comment by Stockieee on Jan 06, 2021 5:44pm
Lol and of course everyone just ignores your concern
Comment by Byhi on Jan 06, 2021 4:58pm
Must  Reply Do you think he makes over $ 200 @ yr just on this CO and what else he makes and cannot afford to by these  options  ??? without selling stock @ mkt... living in a dream world... something else going on here.. byhi..
Comment by Stockieee on Jan 06, 2021 5:45pm
Why don't you ask Fraudster? Apparently he speaks with AMK all the time.. oh wait they didn't return your email you sent over a week ago Hahaha crassshhhhhhh
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