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.

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 Jul 19, 2024 11:43am
64 Views
Post# 36140085

RE:RE:RE: I think we'd fare better with a reverse split

RE:RE:RE: I think we'd fare better with a reverse split There is no bid.  There is no deal.  And clearly there is NO cash!  There is a nonbinding expression of interest from a pink sheets related company./   As you know i never understood by AMK got involved with them!

from the nr its clear they have no $$$$...........but in a pink sheets kinda way think they can rains a few hundred million with an imaginary token!!!!!

Let suspend reality and accept that Cunninsham can issue hundreds of millions of token.  It is on the back of TC resources in the ground!  So if thats the case, why doesnt AMK issue the tokens to cover part of the current resource in the ground and pay out the proceeds as a divident to shareholder BUT WE CONTINUE TO HOLD OUR INTERET IN TC!!!!!  Why would we give ALL THE UPSIDE TO CUNNINSHAM??????  Cunninsham is proposing to issue the tokens but still own the 20%  of TC!!!!

Another thing to ponder: Cunninsham currently has no disclosed assets of substance, certainly not any with a 43-101 compliant report!!!!  Yet they think they can raise a few hundred million from imaginary tokens to buy AMK?   gonna raise it on a contingency basis???  it just typical pink sheets tail chasing imho

all imho.....


Stockmoves1 wrote: Payable in Cash it will be as it is a loan / I hear you buying TUD at 1.50 because in essence 1.50 is still a discount to .43 and keeps you in the game.. The only question is as always where will the market be at .. where will Gold be at?? and when do we get the cash.. I doubt b4 October.


<< Previous
Bullboard Posts
Next >>