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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 MrVerbatim9800on Jun 19, 2024 8:36pm
114 Views
Post# 36097071

RE:RE:RE:Bird in Hand Buyout

RE:RE:RE:Bird in Hand BuyoutHey Larry..... Since Cunningham mining is a private company and the only company listed in the LOI to purchase AMK at .43. How would you know what their financial situation is or, who their third party investor's are (if they needed one)? You have no idea and, that's a fact.

LOI's aren't essentially a buyout offer? As you stated here, they are. "the potential of other properties, assuming it does not rise too far in tandem with the AMK buyout level"

AMK is not locked out of negotiating and entertaining other offers if they are unsolicited by AMK. Pretty standard.

A break fee if AMK accepts an offer from another entity? That would be factored into the purchase, so who cares. Pretty standard. The termination clause period is for nine months from the date of the LOI, not a year as you incorrectly stated, again.

This can absolutely be a yes or no situation. Once due dilgence is completed the decision can be made in an instant with a vote completed by the shareholder majority (AMK and Sprot). You cerntainly wouldn't hold any weight in a decision since, by your own excited admission, you don't own any shares of AMK

People, this is a tactic by Larry and other Larry's like him....... First, they try to beat you down with unrelenting, repetative and manipulative spins of the truth or complete lies (gaslighting). Then (this is where Larry is at now) they give you the impression that they are empathizing with you and agreeing with you just a little bit (while still providing manipulative statements based on non-fact) to gain your trust and to undermine those who are undermining his attempts at manipulating the shareholders, potential shareholders and the price of a stock (spreading fear and confusion while still gaslighting you).

Larry, give it a break, kiddo....... Your tactics are obvious and still week...

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