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American Creek Resources Ltd V.AMK

Alternate Symbol(s):  ACKRF

Metals & Mining Industrial Metals & Minerals
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

American Creek Resources Ltd > WOW
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(863)
•••
Comment by Larry60on Sep 05, 2024 1:47pm
43 Views
Post# 36210245

RE:RE:WOW

RE:RE:WOWJS, please see my post from TUO board earlier today.  A MUST READ:

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Post by Larry60on Sep 05, 2024 11:13am
46 Views 
Post# 36209872

Reality Check

TUD has a mkt cap ot $180 million and owns 60% of TC
AMK owns 20% of TC - so based on TUD, value would be $60 million (without factorin in the free carry to production decision).  BUT it is trading at $90 million!  WHy?  Cuz a Pink SHeet related private co with NO $$$$ made a NONbinding NONoffer for it!

TUO?  It has a $60 million mkt cap. BUt not only does it own 20% of TC, it also owns:

-FReakin NSR on TC!!!  WOrth a fortune!
A portfolio of public shares worth $10 million!
- A few million shares of TUD!
- a portfolio of properties and NSRs!!!!

Yet AMK, who just holds 20% of TC, is trading at a 50% premium to in.
 
INSANITY........imho!!!!!!!!!!!!!!!!

https://stockhouse.com/companies/bullboard?symbol=v.tuo&postid=36209872

Jetstream1281 wrote: 23 posts and I haven't had to read even one of them lol!!!! I love the ignore button!!!!


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