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Bullboard - Stock Discussion Forum 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... see more

TSXV:AMK - Post Discussion

American Creek Resources Ltd > Resource calculation
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Post by McGolden on Feb 04, 2021 11:36am

Resource calculation

Just got a message from a trusted friend and amk long. He has recently spoken with Kelvin and Kelvin told him it will be out in a couple of weeks. Seems early to me but will be happy with that. Is it better for resource calc before spinout. Does the market makers change the multiple of the three amigos which would bring us closer to fmv as sm1 says. Or is spinout first bette? I think getting closer to fmv is better and spinout comes afer resource calculation. Any thoughts
Comment by CharlieWaffles on Feb 04, 2021 11:44am
Most never take the time to add up drill results so they need to be told what the resource is. Once told then everyone who didn't know knows at the same time. Should be positive but always be prepared and expect the unexpected. Would not be surprised if at first the market gets spooked to flush out weak hands.    Short term, challenging game. Prefer to take a wait for ...more  
Comment by Stockieee on Feb 04, 2021 12:43pm
Is it really to hard to do a little research? This conversation took place 3 days ago
Comment by McGolden on Feb 04, 2021 1:01pm
Well stockieee if that was said 3 days ago im hearing it from my sources today people I know and trust. So if it is old news then this is adding validity to that. Not just one person saying it now.
Comment by CharlieWaffles on Feb 04, 2021 1:03pm
So, some clearly lack attention to detail. Didn't believe it was necessary to mention I bought in the 6 cent range and BTW, your questions I answered for myself  last year. I just spared you from me expressing  boredom.
Comment by CharlieWaffles on Feb 04, 2021 1:07pm
Resource Estimate assuming $100USD. Play and chop it up as you please.     GITG AMK.V   TUO.V   TUD.V        $             100   ...more  
Comment by hopeful88 on Feb 04, 2021 3:49pm
Great job Charlie, i like your calculations, bought more of TUD and AMK this morning. Good board today with Charlie leading the way!  Well done.
Comment by Stockmoves1 on Feb 04, 2021 3:55pm
with Charlie leading the way IO can finally get a break lol... the reason we post so much is to keep the board balanced.. boards can go in two directions.. balance is essential not to get fleeced either way.. so with a resource estimate of plus 20mill we are in at a lovely price.. if it dissapoints and its 10mil we likely wont get slaughtered... If its 30mill home run..
Comment by Stockpicks96 on Feb 04, 2021 6:38pm
SM1 - your posts have been consistent and helpful since I started following this board last summer. So first and foremost, thank you for that. Im a little concerned about your comment about the 10 million ounces and us not getting slaughtered at that amount. Can you clarify why you we might get slaughtered? A 10 million ounce deposit is still an excellent deposit, especially if it is still open ...more  
Comment by Stockmoves1 on Feb 04, 2021 9:44pm
All I am saying so I do not come forth as a pumper is if the market is anticipating 30mill ounces and we get 10mill the value of TUD is likley around $4.50 but if you are expecting 30mill oz and get 10mil oz it will obviously not perform as well... slaughtered is if we are trading at 5$ when the resource comes out and you got 10$. now if you get 20 or 30 obviously a lot of room to run.... If we ...more  
Comment by CharlieWaffles on Feb 04, 2021 1:10pm
Add me to your list as well please. Thank you. 
Comment by Stockmoves1 on Feb 04, 2021 1:20pm
thanks again Charlie.. so you have TUD valued at aproximatly 4$ at 10million ounces... thus the downside on TUD would likely be in the 1.50 to 2$ range knwoing the market discounts most things... ?????
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