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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 > WINNER!!!!! .. HOW BIG????
View:
Post by NOMOREROLLBACKS on Feb 17, 2021 9:23pm

WINNER!!!!! .. HOW BIG????

NO CASH CALLS FOR TUO or AMK UNTIL PRODUCTION NEED. WILL NEW AMK BE SOLD? Not for a year or two... Tud is set up and waiting to start drilling now. Will TUD be the buyer of Amk and Tuo??? HMMMMMM ... They want to drill longer than last years may to dec period.. Almost a 7 month season... Unbelievable accomplishment!!!! with 6 drills running.... I read somewhere that the results were been redone. Really good results get verified, poor results dont.. HOW BIG A WINNER DO WE HAVE??? HMMMMMMM!!!!!
Comment by rusty111 on Feb 20, 2021 1:55pm
Why would Tudor buyout AMK? My understanding is on February 25th AMK is totally separated and in position to sell if offers come in. Im surprised Teutons management haven't followed this arrangement of a spinout also  Mahalo   
Comment by flashcash on Feb 20, 2021 2:03pm
They basically agreed to align their exit strategy with E Sprott. For the right price and or share combination.  At 15 million oz's we will have 3 million of those, which for a MC of less than 120 million US $ is nuts !
Comment by Stockpicks96 on Feb 20, 2021 3:16pm
I agree with you Flash. AMK is primed to be the first takeover candidate. My one concern is not proving up enough value of the perfect storm first before a takeover. However, as you said, Sprott and management wouldn't let AMK go without the right price so I do trust in their judgement. GLTA!
Comment by fairdinkem on Feb 20, 2021 11:25pm
Dear Stockpicks96.   The key to all of the success in this project is to obtain the maximum return.  TO do that all of thes points need to be registered as an Insuirance policy against an aggressive takeover,,,,on that IDEA,,,ahhhhhh W.Storn thumbs down,,E.Sprott same, TUO thumbs down, AMK thumbs down.   The discoveries at TREATY will be sold project by project and not as ...more  
Comment by bigboy999 on Feb 21, 2021 11:04am
From the latest  AMK MD&A The NSR Holders were entitled to 25% of the purchase price the Company received in 2016 from the Company’s sale of a 31% interest in the Treaty Creek property to an arm’s length purchaser. Consequently, the Company transferred to the NSR Holders 125,000 of the 500,000 purchaser shares received by the Company from such sale, thereby fully fulfilling this ...more  
Comment by HIGHonLITHIUM on Feb 21, 2021 11:37am
bigboy999 why do you continue to raise this non-issue? You have been called out for this numerous times before and yet here you are again raising the same issue. What is your agenda? You sure seem to have one. We all know you like TUO and disdain AMK as you have made that point in the past several times. You are entitled to your opinion but let's keep it real. Why didn't you include the ...more  
Comment by fairdinkem on Feb 21, 2021 1:28pm
good point,,,,somehow there is some advantage in the transaction,,,i can not nail down just what that would be, meanither simple or more complex??????? wished i had the answer pinned down, but either way it gos i take it as a positive,,,,think we need more refined detail inre:? topic,,,
Comment by CobraShelby on Feb 20, 2021 3:52pm
FYI Teuton are not explorer compagny, they will go on a venture partneship to explore their land as they did with Decade August 25, 2020 for example and AMK in April the 11 2007 . They could simply sell their part of treaty Creek. AMK are explorer and as soon the deal is complete to move their property to Stinger they will announce the drilling exploration for Dunwel . https://www ...more  
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