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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 fairdinkemon Jun 29, 2024 11:26am
136 Views
Post# 36112054

RE:My theory, and just my opinion.

RE:My theory, and just my opinion.The suggested "deal", if you would or could call it that, to me ranks with opportunistical price leverage HIGHLY and only favoring to advantage of the, other guys, not for AMK. 

Pay attention and notice that they did not give TUO an offer, (?) laugh out loud.  AMK has so much to gain and so much to lose with such a rotten deal offer here.  Unlikely that they would offer us the same kind of deal that Newmont offered to the copper mine just to the south east of RED CRISS,,the GT GOLD buyout by NEWMONT for approxamently $8.50  per share.

Prior to Newmont’s acquisition in 2021, Saddle North was owned by GT Gold, which published an initial resource estimate of 1.81 billion lb. of copper, 3.47 million oz. of gold and 7.58 million oz. of silver in the indicated category, and 2.98 billion lb. of copper, 5.46 million oz. of gold and 11.64 million oz. of silver in inferred.  

To be noted that GT Gold got an offer they could not refuse: $8.50 a share common.  So this dealing makes the offer to be very much a stinking deal or offerr or whatever "we" are supposed to call it?
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