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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

Post by Krammer000on Sep 19, 2022 9:07pm
222 Views
Post# 34972680

This is what I value AMK today.

This is what I value AMK today. 27,000,000 oz X $150 in the ground price = $4,050,000,000 - 80% = $810,000,000 AMK share.
810,000,000 devided by shares outstanding 430,000,000 = $1.88 / share 

back of the napkin approximation. Very conservative numbers. This is not to account any premiums. Location, location, location. 


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