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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 Larry60on Jun 14, 2024 1:17pm
41 Views
Post# 36089513

RE:RE:RE:If/When There Is An Early Buyout,

RE:RE:RE:If/When There Is An Early Buyout,Comparison below is quite straight forward.  TUO market cap currently $5 million less than AMK.  BUT TUO also OWNS:

1)  THE NSR ON TC!
2) $10 million stock portfolio (incl 3 or 4 million TUD)
3)  a few dozen other properties/nsrs 

You are getting the 20% of TC at a discount to AMK PLUS you are GETTING 1 TO 3 FOR FREE!!!!  I would argue the NSR could easily fore $40 million.........................$140 million if TC is proven viable!

    AMK   TUO
O/S         457,025,355              57,346,881
Price   0.17   1.26
         
Market Cap         77,694,310              72,257,070
         
         
TUO Stock Portfolio     10,000,000
         
TUO Property portfolion ex TC NSR distressed sale   5,000,000
         
TUO TC NSR distressed sale     25000000
         
TUO Mkt Cap net of distressed sale of assets              32,257,070
         
So TUO is bening valued at less than HALF of AMK for the same 20% of TC
         
And remember, the non TC assets, especailly NSR on TC, are   
worth way more than the numbers I put down    

Mustang80 wrote: Going with TUO avoids the dilution of TUD mining costs, but if TUO gets bought out early like AMK you never see full potential. Right? So I feel kinda stuck either way. I guess riding both, well all 3 with AMK & enjoying the ride might be the most peaceful. 


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