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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 12:06pm

Resource calculation

Im in it too win it Charlie im in no rush nor is anybody getting my shares. No weak hand here. Either way it goes. Up to fmv would be great and is just a matter of time. They drive the price down I get more shares increases my position. Which will be great as well. Two big catalyst coming soon which will make it very difficult to keep suppressing the price down. My estimate of resource calc is. 28 to 32 mill oz
Comment by CharlieWaffles on Feb 04, 2021 12:21pm
He's a scenario that I see if I put a few things into context.    Starting with facts.    - We peaked in August.  - Were down let's call it 50% - It's been 7 Months      DISCLAIMER---Total Speculation here on my part :)     So if I add this all up in my head I get   - Disappointment - Impatient ...more  
Comment by Stockieee on Feb 04, 2021 12:44pm
Why do you keep using the plural like you are talking about a crew? "We" "We're" Lol hate to break it to you, but WE are not all down 50 percent.
Comment by NOMOREROLLBACKS on Feb 04, 2021 12:40pm
i posted last year that I figured 23million with deep depth drilling included. I dont think it will be though.. So... Maybe 10 million... THIS IS LONG LONG TERM DEAL TO GET A REAL DRILL RESOURCE ESTIMATE BUT WE WILL SEE.... THE CAT TRACKS AWAIT THE DRILLS TO BE FLOWN IN. WINTER HAS BEEN VERY MILD IN BC THIS YEAR. AND IM about to start gardening my veggies.. We MAY HAVE ANOTHER SUPER EARLY DRILL ...more  
Comment by Stockmoves1 on Feb 04, 2021 12:45pm
thanks for your post.. at 10million ounces lets hear what the astute investors feel TUD would be valued at???
Comment by Stockmoves1 on Feb 04, 2021 1:21pm
If your calculation of 28-32 mill is correct the upsdie will be amazing.. thanks for the feedback..
Comment by McGolden on Feb 04, 2021 2:37pm
Es says we know they have 20 mil oz. Thats a man that knows the math. German report says 25 mil oz. With multiple step out in multiple directions and drilling deeper in depth with consistency in mineralization throughout. I agree that at 100 usd per oz in the ground with 25 million oz amk 1.30 and tud 10. Now at 30 does premium go up from 100 usd I would think so and at 40 mil oz premium goes up ...more  
Comment by alpha74 on Feb 04, 2021 2:38pm
Even with a cut off of 0.3, anything greater than 20 million ounces would be a sensation for the maiden resources...
Comment by Stockpicks96 on Feb 04, 2021 3:15pm
I think the number will be somewhere between 10-20 million, and still open at depth and all directions. Trying to not suffer from delusions of grandeur.
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