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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 HIGHonLITHIUMon Apr 13, 2023 8:18pm
108 Views
Post# 35394284

RE:Is anyone else concerned about major dilution like me?

RE:Is anyone else concerned about major dilution like me?GoldInsect777, I'm not sure I understand your concerns? The fully diluted AMK share number you have stated has been the same for a very long time. It's already been priced into the AMK market long, long, long ago.

Your "I worry that the dilution could become considerably more before any meaningful catalyts..." concern doesn't make any sense to me with respect to AMK. We already know the fully diluted number which includes the options being exercised. Now if you were stating this concern with regard to TUD it makes sense as TUD must dilute to explore. AMK and TUO are not getting diluted. 

In addition, options being worth something and getting exercised clearly means that management did something right as all options when issued are required by TSX policy to be at market price without discount. Meaning that the AMK market price has appreciated since those options were issued. A reward for management's posiitve actions. Doesn't everybody win at AMK in that scenerio? I want options to be worth something as it means my portfolio is appreciating!! Bring it on!! I hope those options are worth huge bucks in the future!! 
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