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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
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Comment by paydirtontarioon Dec 08, 2020 12:19am
259 Views
Post# 32055809

RE:RE:Do the Math

RE:RE:Do the MathHere's JP Morgan's take on what goldstorm could possibly hold / Tudors price - 20% cut to AMK or the 10 to 1 formula we've been consistently running to date with. Tud to AMK ratio seems to hold true pps so far!

Estimated TUD share value by JS Research:

 

10 Mill/Oz - $3.90 CAD

15 Mill/Oz - $5.85 CAD

20 Mill/Oz - $7.80 CAD

30 Mill/Oz - $11.70 CAD
 

lets say we just got 15 million ounces in this deposit only, proven with their formula then fmv would be $0.58 a share for AMK. Double would be $1.16 not $12.70 but I'm good.
Thats not the same numbers as yours but I don't know how JP research arrived @ this either.
 Different math obviously.
 

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