RE:RE:RE:RE:Eric Sprott - Treaty Creek is "Monster play"To: Sellsellsell. AMK & TUO both claim 20% interest in Treaty Creek. I'm looking to increase my position in one or both of these companies as I see huge potential here. I'm leaning towards TUO because I think AMK's 20% share has some encumbrances as noted in my reference to the deal made with some anonymous investors. The deal can be found in AMK's latest MD&A. If I'm reading it correctly they turned their NSR (Net Smelter Royalty) on TC over to these investors. They can buy most it back, all but .5%, under certain conditions but it would cost them $3 million. NSR's are significant because they award the holder a percentage of any net smelter income realized on the property, and as they are net they are paid right off the top before expenses. The other issue is the 25% of cash proceeds these same anonymous investors are entitled to should AMK realize any cash income. By my math that would leave AMK 75% of the 20%, or actually 15%. TUO on the other hand still holds their full original NSR on the TC property and has no side deals with any anonymous investors. Couple that with the vast difference in the number of shares the two companies have outstanding and it seems to me TUO may be the better deal. That said, the other factor to consider is the share price of the two companies which certainly favors AMK. That's the main reason, coupled with their marketing ability, that I don't rule them out. I could go on but as I stated earlier please study the agreement yourself and I'd welcome any corrections or comments regarding my interpretation of the agreement bigboy