American Creek Resources Ltd V.AMK

The Perfect Storm...

[Stockmoves1]

Think about this scenario:

The drill bit hits ..
Revised estimates "Tudor Gold exceeds 50mill oz"
Revised Target price for TUD - TWELVE DOLLARS
Bidding wars begin / target price is now exceeded / Tud trading at 14$

AMK FMV catches up to  reflect12% of FMV
AMK tests $1.70 and finds solid support at a $1.30

I can wait.. CAN YOU ???????????????????
LONG on AMK... 

ps FMV means Fair Market Value .. currently at an aproximate 15%

[GoldmemberBC]

Reality: The drill bit hits .. Revised estimates "Tudor Gold exceeds 50mill oz" Revised Target price for TUD - down 10% Every bit of good news on this play over the past year did nothing. I just bought more shares the other day for almost the same price I paid for them last year, before our 27m oz resource estimate. That's the more likely story to play out imo with all these MM

[Stockmoves1]

I hear your frustration but what you may be missing is this is what happens with many great stocks until the accumlation phase is complete and demand outstrips supply... I have been around plays when bidding wars start.... and thats when the fun begins..

[CharlieWaffles]

What's better   From 1 to 10 straight line?   OR   From 1 to 10 with 3-4 50% Pulls? 

[Stockmoves1]

from 1to10 in a straight line is a classic Pump and Dump where the stock is toast forever...  the only 1to10 we want here is when the bidding war starts..... thats a different scenario because the outcome is a takeover...

[GoldmemberBC]

That would be a good situation indeed. I'm equally hopeful and apprehensive. GLTA!