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 > 422 million shares....outstanding

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Comment by Stockmoves1on Aug 31, 2021 3:01pm

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Post# 33788987

RE:RE:422 million shares....outstanding

Thanku Charlie, so on a diluted basis with TUD at 2.50 we are witnessing $20 per/oz based upon a 40mill oz resource which I feel is a more than fair approach... So with AMK trading at a 90% discount to FMV my guess is slightly off.... That gives AMK a share price of around $10 an ounce..... So if AMK traded lower and I see if... it only gets better lol...... from a TA perspective lets ee TUD can close at HOD and push that next technical level towards 2.73-96

Now assume 50mill oz and you are getting AMK for under 8$ per/oz....

not too shabby i say....

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