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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 Aug 31, 2022 9:27am
90 Views
Post# 34931965

RE:RE:RE:RE:RE:RE:RE:RE:RE:PP filled....

RE:RE:RE:RE:RE:RE:RE:RE:RE:PP filled....Besides it wasn't you that posted this...

"I don't understand your logic, no matters how many million shares Tud have or issued, AMK still owns 20% of Treatycreek anyway.  The shares price ratio between AMK and Tud is not related at all to the quantity of shares each company have."

If all we were paid on is ounces I would agree with this but it isn't true if we are paid according to TUD share price and in my mind that is exactly what will happen... If the sell price is according to ounces only then this post is correct.... we could go on for a long time I suppose trying to wrap our heads around this.. Does anyone have any solid examples of this that helps me understand I am looking at this backwards.. I very well may have been... This is a nice thought for sure.. or we could just drop this topic and say to ourselves as long as TUD drills up more and more ounces and AMK as we know doesn't suffer dilution thus our 20% is 20% and that never changes.. perhaps I just answered my own question lol...
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