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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 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

Post by CharlieWaffleson Feb 03, 2021 3:26pm
270 Views
Post# 32461133

Estimated Stinger Value

Estimated Stinger Value
This is what I have for Estimated Stinger Value. 
 
Cash is 3M but if you take all Options and Warrants you could get closer to 8M. I just can't imagine them not being converted but TBD. So take out 5M if you want to be extra conservative. 
 
Taking from Quarterly. 
 
Stinger  
Share_Price  $            0.33
MCAP  $14,710,553
Shares     45,000,000
Cash  $   8,000,000
TUD  $   3,963,412
Reclamation Bond  $        80,000
Dunwell  $   1,694,337
GOLD HILL  $      803,312
AMPLE GOLDMAX  $        94,170
GLITTER KING  
SILVER SIDE  
D1- MCBRIDE  
OTHER BC Properties  $        75,322 

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