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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

Comment by CharlieWaffleson Mar 13, 2021 4:38pm
343 Views
Post# 32793548

RE:RE:RE:RE:RE:27 MOZ - One of the largest discoveries in 30 years

RE:RE:RE:RE:RE:27 MOZ - One of the largest discoveries in 30 years
These are just a quick and easy look at the numbers if I take GT's buyout as a rough estimate and reference. 
 
Few notes. 
 
- Only used Gold and Silver
-TC has more Silver than GT
-GT has more Copper than TC
-TC Grade is twice that of GT
-TC deposit significantly larger than GT
-God knows how much more will be added next year
 
So roughly speaking Newmont paid $49.56oz. 
Then assume twice the grade so twice the cost so $100oz?
Assume Pierre Lassonde is right about bidding war, assume 25% or 50% premium?
Using only fully diluted shares for AMK/TUO/TUD
 
Piece it together and it looks something like this
 
  Total_Purchase_Price OZ PPoz 20% 20% 60%
GT  $               456,000,000            9,200,571  $          49.56 AMK TUO TUD
TC  $            1,311,612,446          26,464,000  $          49.56  $         0.57  $         5.20  $         4.29
   $            2,623,224,893 2X  $          99.12  $         1.13  $       10.40  $         8.57
   $            3,279,031,116   25%  $         1.41  $       13.00  $       10.72
   $            4,918,546,674   50%  $         1.70  $       15.60  $       12.86
 
 
 
 
Then this is what I've been using which assumes $100USD (and always converted to current USD/CAD rate)
 
GITG AMK.V   TUO.V   TUD.V      
 $         100  Diluted  Outs.  Diluted  Outs.  Diluted  Outs. T_Value  
27.31M_OZ  $         1.49  $         1.82  $       13.66  $       13.76  $       11.27  $       12.04  $ 3,446,549,251  
30M_OZ  $         1.63  $         2.00  $       15.01  $       15.12  $       12.38  $       13.23  $ 3,786,029,935  
50M_OZ  $         2.72  $         3.33  $       25.02  $       25.19  $       20.63  $       22.05  $ 6,310,049,891  
   Diluted  Outs.  Diluted  Outs.  Diluted  Outs. Avg,  
27.31M_OZ 364% 468% 388% 391% 273% 299% 364%  
30M_OZ 410% 524% 436% 440% 310% 338% 410%  
50M_OZ 750% 941% 793% 800% 583% 630% 750%  
                 
 
There seem to be some similarities between both so perhaps i'm not that far off.........
 
Does anyone have anything that's different?
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