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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 > Bird in Hand Buyout
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Post by Stockmoves1 on Jun 19, 2024 10:10am

Bird in Hand Buyout

If this comes to fruition that we get the green light by Aug 5th knowing it holds a favourable possibilty how will you vote? Before you say I need a larger payout there will be many things to consider. What is the price of TUD/TUO when and if that happens. Are they still a discount to AMK at 43? TUD would have to be close to $2.60 to be equally valued. Assuming TUD is at 1.50$ on gap when this Halts for a .43 buyout you can still grab TUD. Of course there is a time delay requiring a bridge loan or enough cash on the sidelines to pile into TUD or TUO and pay for that with your buyout at a discount to what you recieved. TUD likely will not get to an equal amount but even at $1.50 it keeps you in the game and is a discount to dollars gained... So unless this market turns on a dime there are other gem plays still really beaten up that allow you to maximize value in the Golden Triangle, Gold sector. Consider a Bird in Hand before you cast a no vote. I know where my vote stands. I am not saying it doesn't gets sweetened to 50cts but not holding my breath.
Comment by garzillalives on Jun 19, 2024 11:10am
Considering that I now have to pay even more capital gains on my corporate profits (thank you Trudope), I need a higher price. So for me it's a NO.
Comment by Stockmoves1 on Jun 19, 2024 11:26am
I see your point, I was fortunate enough to have the room in my TFSA due to a an early win to transfer additional AMK shares across from an rrsp to TFSA at 12cts and paid the piper. If anyone has the room to transfer even at .17 that provides a huge incentive should you capitalize on .43. food for thought.  
Comment by Signman on Jun 19, 2024 12:17pm
Hi SM, So I certainly felt (not sure how to qualify it) "better.. reassured... hopeful ..." after speeking with Kelvin as well. I will admit I was a hard no vote prior to the that call. I am not certain yet as to how I wil vote yet. But sadly our votes my not matter either way. If all the board and insiders along with Sprott vote for a "quick" multi bagger we retail may not ...more  
Comment by Signman on Jun 19, 2024 12:29pm
Further.. If it does get approved as planned. TUD is going to initaily shoot up. I can't see a good way, sans your temp bridge loan idea, to reinvest into TC without chasing at that time. Which I will not do. If AMK sells I will likely hold the powder and assume (hope) that initial increase of TUD cost with be met with sellers to bring it back down after a while. I would wait until then to ...more  
Comment by Larry60 on Jun 19, 2024 5:39pm
Right now there is NOTHING to get approved.  There is no buyout.  There is no bid. All there is, is a nonbinding nonbid for AMK.....from an entity with next ot money....and I mean next o no money.  What does that mean???  Not very much imho.  But it does give the nonbidder an exclusive to kick amk tires........a no shop clause.  And a break fee in the event a ...more  
Comment by Stockmoves1 on Jun 19, 2024 8:00pm
For most people this is slightly more than a double average over the past 5years yielding a 20% annual return For other it may be a 3or4 bagger but heh it is green and I do want back in through another door.
Comment by Signman on Jun 19, 2024 8:53pm
I am curious on your thoughts SM. I am ONLY interested in the investing in the TC property. For that reason unless TUO spins off the TC claim. TUD is the only door option to get back in with. As I have stated prior. While I appreceate TUO other properties, for me, it still comes down to the value of each share and its portion of TC related. If this tracks then TUD is 3x the position in TC for half ...more  
Comment by Stockmoves1 on Jun 19, 2024 9:18pm
Agreed I favor TUD at present pricing,, worse case .52 . 59 perhaps and even likely for a flush candle.. but heh it's all maniupulation and temporary.. Also apart from dilution I feel a 60% position warrants a premium to the price!! Is that why AMK gets 43cts.. ??? worth a thought.. The little guys bail early lol... or they get offers quicker.... all good.. strategy is important here ...
Comment by NineLives on Jun 20, 2024 12:02am
Stockmoves1, don't forget to take into consideration TUO's nsr for these claims ranging from 0.49% up to 2% and more in some cases, that's on top of the 20% they own. These nsr's are very valuable which adds to the share price differential from the other two, plus they have a very low share count for todays markets. So much to consider when investing in this group. I went 20% AMK ...more  
Comment by Robizounskin on Jun 20, 2024 6:52am
NSR is fine but don’t forget that to enjoy the benefits of the NSR you have to keep your TUO shares for long and wait that TUO will release some dividends to share holders thru time from net profit of the mine operation in maybe 10 years from now or so.  Does today TUO shares value include or not the long term NSR value, I don’t know.  For my part I want to enjoy my money now before I ...more  
Comment by NineLives on Jun 20, 2024 7:40am
That's a valid point Robiz, yes duration of investment is important and changes for each individual. But nsr's also get bought, see Eagle Royalties, ER, they just sold some way ahead of any production.
Comment by Jetstream1281 on Jun 20, 2024 11:07am
According to my math, a buyout of AMK at 0.43 values TUD at $2.46 and TUO at 3.32 - the TUO price does NOT take into account the NSR or any of their other properties....it is ONLY their 20% interest in TC...
Comment by Jetstream1281 on Jun 20, 2024 11:12am
So basically if you ignore hypothetical dilution and all other factors except for TC, TUD is the best buy right now by about 50%.....unfortunately you DO have to take those factors into account....I guess everyone has to wrap their own mind around how to do that....
Comment by Larry60 on Jun 20, 2024 11:50am
You are wrong!!!!! TUD has to fund TC to a production decision.  They will issue hundreds of millions of shares to do so.  THey will double their share count in NO time!!!!
Comment by CobraShelby on Jun 20, 2024 12:49pm
Do not forget this Jetstream . Not sure where thay are with their own Spinout for treaty creek . ---------------------------------------------------------------------------------------------- Posted by  admin  April 24, 2023   Proposed Spin-out of Teuton Copper-Gold Properties South of the SulphuretsHydrothermal System; Application for OTC QB Listing; Advisory Board  ...more  
Comment by Jetstream1281 on Jun 20, 2024 1:10pm
I certainly haven't forgotten that....in fact I'd hoped that it would be done by now....it would certainly simplify the situation....
Comment by Larry60 on Jun 20, 2024 1:36pm
its a fantastic reason to buy TUO now.  You are gettin all the spinout assets for free!!!!  I just keep buyin TUO!
Comment by CobraShelby on Jun 20, 2024 2:29pm
Yes you can say this it as been over 14 months now they have start the process.
Comment by Larry60 on Jun 20, 2024 10:25am
You have to wait for money form NSR?  It can be sold at ANY time!!!!!  NSR is king.  The equity in TC could get wiped out but NSR would LIVE ON to the next round.  There will be cash flow on NSR way before cash flow from the  mine! BESIDES, you are gettin the NSR for FREE vs valuation on TUD and AMK.  YOu are also getting the stock portfolio for FREE and the few ...more  
Comment by Larry60 on Jun 20, 2024 10:34am
9LIVES, you ae spot on. TUO is the way to go.  Literraly get TC at a discount relative to AMK (at current inflated price) and TUD at a DISOUNT.  You get everything elese for FREE:  NSR, stock portfolio, a few dozen properties/nsrs. And vs TUD you also get the added benefit of FREE CARRY (like AMK does).
Comment by Larry60 on Jun 20, 2024 10:36am
Classic Stocknoves!!! "i favor TUD at current prices".  Soooooo fuuuunnnnyyyyyy! TUO is the way to go.  Literraly get TC at a discount relative to AMK (at current inflated price) and TUD at a DISOUNT.  You get everything elese for FREE:  NSR, stock portfolio, a few dozen properties/nsrs. And vs TUD you also get the added benefit of FREE CARRY (like AMK does). TUD ...more  
Comment by Signman on Jun 20, 2024 10:57am
Larry your reading comprehension needs some serious work. Stockmoves was responding to my comment . You do understand how the threads work right? I was making a specific point on TC exposure ALONE in relation to stock price between TUD and TUO. Your obsessive compolsive disorder to spam a stock you don't even own blurs your vision to what is actually being discussed. Furthmore if said reading ...more  
Comment by Larry60 on Jun 20, 2024 11:05am
IF you assume that all of TUO's other assets are worth $0 (in Signan world!), TUO is still a way better deal than TUD!  You pay about the same for relative interst in TC!!  BUT YOU GET A FREE CARRY TO PRODUCTION DECISION WITH TUO!!! TUD will have to issue hundreds of millions of shares to fund gettin to a production decision. You spew misinformation!!!!! all imho
Comment by rockport1 on Jun 19, 2024 2:37pm
Here is my opinion on the Yes or No decision of the buyout.  It makes sense to me to take the 43 cents. It is a decent premium to market, and if you think Treaty Creek is undervalued, you can then move your cash funds into either Tudor or Teuton.   Teuton is the obvious choice for the carried interest, and the potential of other properties, assuming it does not rise too far in ...more  
Comment by Ork on Jun 19, 2024 3:08pm
AGREE with rocky-let's get it done baby 43 is the number, yeah bought more kept adding-ignore the brain dead knockers lol, gonna check out teuton then-more work, all calculus & reading on these hot hot hot summer days
Comment by Stockmoves1 on Jun 19, 2024 5:55pm
Safest route is buy some TUD and TUO now because if it isn't bottom it is close to it.... Now that requires more risk if it doesn't happen but assures u have a part postion at a decent entry level vs a huge gapup if it closes...
Comment by rockport1 on Jun 19, 2024 8:07pm
I'm still conducting due dilligence, but I expect I will open a new trading buy on AMK.  The risk is maybe 40% to the downside, but triple on the upside.  Excellent risk to reward in my books, and all likely to unfold over 50 days.   Should a competing offer arise, that would just be an unexpected bonus.
Comment by Stockmoves1 on Jun 19, 2024 8:53pm
Great outlook Rockport.. downside 5cts / upside 26cts / take your pick and at 17 you can wait it out for a year !!!! still make money ... rockport1 - (6/19/2024 8:07:36 PM) RE:RE:RE:RE:Bird in Hand Buyout I'm still conducting due dilligence, but I expect I will open a new trading buy on AMK.  The risk is maybe 40% to the downside, but triple on the upside.  ...more  
Comment by Larry60 on Jun 19, 2024 5:41pm
I agree that TUO is the best play, hands down. I agree that if you want to ignore that and invest in TUD, at least wait unitl they do a PP.......which will be soon imho, so that you get warrant and cheap shares. But there is no "yes or no decision" to be made.  There is no buyout.  There is no bid. All there is, is a nonbinding nonbid for AMK.....from an entity with next ot ...more  
Comment by MrVerbatim9800 on Jun 19, 2024 8:36pm
Hey Larry..... Since Cunningham mining is a private company and the only company listed in the LOI to purchase AMK at .43. How would you know what their financial situation is or, who their third party investor's are (if they needed one)? You have no idea and, that's a fact. LOI's aren't essentially a buyout offer? As you stated here, they are. "the potential of other ...more  
Comment by Stockmoves1 on Jun 19, 2024 8:51pm
Who;s Larry Lol ??? that's what Ignore is for may I remind you.. but good reply none the less :)
Comment by MrVerbatim9800 on Jun 19, 2024 9:00pm
This post has been removed in accordance with Community Policy
Comment by Signman on Jun 19, 2024 9:22pm
Solid post sir! I can't imagine these bashers are having any effect on any of us current sharholders. But accept maybe new folks arriving here might see a couple posts from the three and be concerned. But any doing true DD looking over the threads in AMK, TUO & TUD would reviel their purpose and nonsesnce they repeat over and over. Many have just muted their BS. I find them amusing  ...more  
Comment by Stockmoves1 on Jun 19, 2024 9:29pm
Mute the Bashers if for no other reason than the peace of it all.. Doubt is a horrible thing that plays on emotions and distracts you from common sense !! way the odds / do the math / and pull the trigger ...
Comment by Stockmoves1 on Jun 19, 2024 9:30pm
way WESIGH way WEIGH the odds and PULL the TRIGGER lol ... 
Comment by CobraShelby on Jun 20, 2024 10:04am
Agree 100 % Rockport1. Time to make money and whoever want to reinvest they will do so or not. Just hoping for a bidding war on this. GLTA
Comment by Larry60 on Jun 20, 2024 11:09am
Cobra, you need a bid before you can have a bidding war!!! THERe IS NO BID FOR AMK!!!! After a long process of reviewwing options, AMK decided on a nonbinding nonbid from a private co that is related to a $2.5M makret cap pink sheets company that has failed to file financials for years.............and run by the same guy!!!  
Comment by Larry60 on Jun 19, 2024 5:38pm
There is no buyout.  There is no bid. All there is, is a nonbinding nonbid for AMK.....from an entity with next ot money....and I mean next o no money.  What does that mean???  Not very much imho.  But it does give the nonbidder an exclusive to kick amk tires........a no shop clause.  And a break fee in the event a transaction happens with someone over the next year.
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