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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 > NEWS - Clear as Day
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Comment by Stockmoves1on Nov 16, 2022 10:49am
146 Views
Post# 35103262

RE:RE:RE:NEWS - Clear as Day

RE:RE:RE:NEWS - Clear as DayDO the MATH Folks !!

Lets take an example..

A buyer will buy all of TC for x amount of dollars times y amount of oz Au equalling z amount of dollars.

Let's assume that z equals 1 billion dollars just as an example for ease of understanding.

That dollar amount will be split as follows....

TUD: 60% or $600 million divided by 198.2 million shares = $3.02/Share

AMK: 20 % or $200 million divided by 442.8 million shares = .45/share

TUO : 20% or $200 million divided by 57.35 million shares = $3.49/ share. They haven't spun off tc yet so that would ONLY be for their share of TC. The rest of their properties would be over and above this.

Based upon Todays share count/share price AMK is 15% of TUD.. this increases as TUD dilutes but the slice of the overall pie will remain at 20% or 60/20/20 divided by share count thus an explanation of MCAP

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