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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 Mar 15, 2023 11:49am
408 Views
Post# 35339972

Back of the napkin.

Back of the napkin. 30,000,000 oz X at $100/oz in the ground = $3,000,000,000
$3,000,000,000 - 80% = $ 600,000,000
$600,000,000 / 430,000,00 shares = $1.40/share 

In my oppionion $100 / oz in the ground is a steal for a major for AMK in a buy out. I'm looking at least $1500 / oz SO.....

30,000,000 oz X $150/oz in the ground = $4,500,000,000
$4,500,000,000 - 80% = $900,000,000
$900,000,000 / 430,000,000 = $2.09 / share 

Treaty Creek checks all the boxes for a buy out from a Major and my god it's still open with possible better grades. Why people are selling boggles my mind. LOL Like KK stated "this will be a mine" .  All I have to say I'm all in. Cheers everyone. This is great news. Thank you KK and his amazing team for this amazing news. Thank you for what you have/are accomplishing for all of us share holders. Can't wait for drinks in Maui!!!!!!! 
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