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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 Stockmoves1on Oct 13, 2021 9:05am
101 Views
Post# 34000254

RE:RE:RE:RE:RE:RE:Oversubscribed PP.............

RE:RE:RE:RE:RE:RE:Oversubscribed PP.............Dilution is required to raise the exploration dollars...  our 20% is based upon TUD directly.. As there float increases our FMV actually increases with dilution being on the end of TUD over AMK... For argument sake In the big picture TUD gets diluted 10% our FMV increases likely by 1.5%.. I have found with out share structure / warrants 15% works for the present FMV. That 15% I use is TUD share price times 15%.. Now if TUD gets diluted by 10 since doing these calcs our FMV would rise to 16.5%.. SO as an example: TUD at 3$ gets us 45cts.. now add 10% further dilution of TUD and that nymber increases to 49.5cts.. Take the sell price of TUD up to $10 and this change in FMV actually becomes significant..$1.65 vs $1.50.. If you held 500k shares right to the bitter end that 15ct gain is a mere 75k.. true statement..
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