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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 > Gold Fever, Right here Right now!
View:
Post by fairdinkem on Dec 10, 2021 10:19am

Gold Fever, Right here Right now!

From reading the post of Cobra Shelby, it is to me that as for AMK we could be  hitting  between a solid 7.oo to a very tough high of 14.oo USDs in a bidding War.  That woild only become possible should we sell out the Goldstorm of 60 to 70 Mill OZ of AU.   

Those have been my near prices  for a long long time.  

The fly in the ointment is "we may just goto production as the 3 AMIGOS MINING" with the sale of just the Gold Storm property being tendered to the new consortium of this Newco the 3 Amigos Mining.   Company thinking as a 20 or 30 year life of mine is a point of cosideration.   Walter handeled this same situation very well in Eastern Canada with the HUGE mine that he brought to production. 

Question remains that,would we be more profitable for the Production model or the sell out deal???????
Comment by Robizounskin on Dec 10, 2021 11:37am
Would like to cashing now for Goldstorm/eureka and have a "CVRs" for providing further potential consideration for the remaining of Treaty Creek, like Great Bear got for the Dixie project.  I wants to enjoy my money before getting too old.  GLTA 
Comment by CobraShelby on Dec 10, 2021 12:13pm
Hello Fairdinkem. Very hard to tell what could and will happen. We only can guess and Speculate but we are in a game changer in TC. I doubt the big boy would go for goldstorm alone, but we never know . Before we have a 70 M measured and indicated this can take another 3 years of drilling with 15 drills in place on the 4 zone , finishing to determine the limit of Goldstorm, then the Eureka, ...more  
Comment by Stockmoves1 on Dec 10, 2021 12:36pm
I believe we all are in this for the sale because a mine will take longer than some of us have years left on this planet...... A 2-3 year timeline is one thing 7 is a bit much...
Comment by fairdinkem on Dec 10, 2021 1:32pm
YES prioritize is correct.  First I like a mine sale.  Second explore Prove and Probable assay for the second site, third possible to consider going into a production Company.
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