American Creek Resources Ltd V.AMK

Alternate Symbol(s): ACKRF

Metals & Mining Industrial Metals & Minerals

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 situated approximately 70 km north of Stewart. The Austruck-Bonanza Property is located within the Kamloops Mining Division 53 kilometers north-west of the city of Kamloops in south central British Columbia. The Austruck-Bonanza Property is underlain by Devonian to Triassic Harper Ranch formation comprised of fine grade sedimentary rocks including mudstone and shale and includes basaltic volcanics. The Company holds 100% interest in the Austruck-Bonanza Property and 20% interest in the Treaty Creek project.

TSXV:AMK - Post by User

American Creek Resources Ltd

Bullboard Posts

Post by NestStepon Jul 31, 2019 9:16am

143 Views

Post# 29978703

Best way to play TC or why own AMK instead of TUO?

not bashing, but i have a serious Question on AMK`s va. TUO`s current marktcap/Valuation

AMK has about 400mm Shares FD outstanding while TUO (Teuton Res.) only 44mm
AMK`s FD Marketcap = 32mm CAN$
TUO`s FD Marketcap = 16mm CAN$

Both AMK and TUO own a 20% carried interest, but TUO also owns a 1%NSR Royalty
and maybe most impiortant AMKs is losing money every quater while TUO is cash-flow and earnings positive due to their Prosepect generation model.

I am really wondering on what basis AMK has double TUO`s marketcap
What other (hidden?!) assets does AMK have to justify this

thanks

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