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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 10:24am
94 Views
Post# 34932189

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:PP filled....I will say this one last time.. you are entirely correct if we get paid based upon ounces only and the price we are paid is not affiliated with the share price of TUD.. That I find hard to wrap my head around.. if you dilute the value of a company and we are paid on the share price of TUD our 20% is in effect also diluted.. Every dollar raised by TUD is used to find Gold.. If they get 3times more in a PP by raising at a higher price we get 3times as much for our stake because TUD is finding ounces at a far cheaper rate and finding more ounces.. The end result is our 20% of TUD will produce a bigger bang for the dollar.. two ways to look at this i suppose.... Is our correlation on buyout strictly ounces in the ground? or is it a percentage of TUD's share price?? two entirely different approaches...

If we are paid according to TUD share price and the value of the share is higher because of less diltuion then we get more bang for the dollar.. I truly feel this is a rather obvious statement.. but whats obvious to me isn't obvious to the next guy I feel..
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