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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 NineLiveson Dec 10, 2024 6:29pm
114 Views
Post# 36355615

RE:RE:RE:When?

RE:RE:RE:When?

Possibly trading lower than potential but ALX is trading at the take over price of approx 0.036.

Where as AMK trading approx 12 cents below the estimated  take over price. Estimated because the deal is in USD at 31 cents a share.

Lots of reading on the Gem Digital deals. They have had a few deals involving resources so the only difference here is the token involved. JMHO but can't see any reason this shouldn't get completed, according to many Cunningham have picked up one hell of a deal at this price ! So why wouldn't they take advantage of it now it's been voted on.

$150 million these days is peanuts to bigger players and small fry within the crypto sector, where many have market caps over 1/2 a billion $$. Look at XRP Budweisers fav it's got a market cap over $135 billion !! 
 

It can take years to get a crypto into the top 100 Nugget Trap coming in within the top 3,000 after a couple of months is quite impressive. 

As before, we shall see.

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