Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Stockmoves1on Jun 14, 2024 9:45am
132 Views
Post# 36088921

Sharks are Circling !!

Sharks are Circling !!Is it possible we get a competing offer?? Listen to this interview and put the pieces of the puzzle together!! Kens excitement about this Supercell seems like a Game Changer in bringing the overall Resource up significantly. Kens comment on sharks like Newmont circling makes me think this offer has set a precident for a Rock bottom price to protect them from a lowball takeover.  43cts is basically $3 TUD .. add a zero and were talking lol. I have always said $8-$12 for TUD and feel that really is closer to target. The other interesting part is in spite of the talk about no funding, Ken talks about 5mill flow thru along with 5mil of hard dollars non brokered!! So contrary to rumor we have 10mill for current drilling until likely news breaks around supercell1 and that may be the ticket placing 9 months for a price war on AMK. Think about it if you are a Newmont do you want these other guys messing up a clear cut deal where they can hold out on their own for a premium or do we get a halt with a 60 or 70 cent offer from the likes of Newmont for AMK.. Like mentioned we sacrifice 1.5cts for insurance!!! Lots to consider.. The PEA is focus to bring in a new level of Investor. 
<< Previous
Bullboard Posts
Next >>