American Creek Resources Ltd V.AMK

Anybody worried

[fordster]

That we shot up too much, too soon? We've all been here before...Waffles I liked your point on volume....I need to read the SH story on AMK

[Stockmoves1]

no im not worried at all Forster.. what 42 did was light the chart up... It increases support at 31-34  and puts us finally on the charts.. Lets just say its so much better than where were a few weeks ago.. ALL GOOOOOOOOOOOOOD !!!

[fordster]

Cool Bro....all that time of being berated by the bashers....you proved yourself my friend....are all the bashers gone?  .....I have them all on ignore. Can you imagine what a crappy board we would have if I had engaged them. Life is too short.  

[CharlieWaffles]

Not worried at all Forsdter. Days like today confirm we've been right so grab a drink and enjoy a good night! If not I'll have one for you :) 

[Krammer000]

I think someone missed the boat and getting in now. I think news is real soon. I'm hoping 38 million reasorce calc.  cheers everyone 

[paydirtontario]

Still time to get in Krammer. AMK holds 20% of a world class deposit. Lots of room here 

[paydirtontario]

Case & Point  https://equity.guru/2020/01/25/undervalued-underappreciated-sub-100m-market-cap-junior-exploration-company-shortlist/

[Krammer000]

I'm in big time. Got in at .05. Been patient ever since. 

[Krammer000]

I get nervous if it goes down 1/2 cent. Lol. But it's been a long time coming. Learned a lot. Read a lot  of nice people posts and not so nice people posts. The stress and emotional toll but, I've learned to take the emotions out of the trade and concentrate on the facts. Gold in the ground is king. Measured, indicated, proven, and the Capex. Last  year drilling was an amazing

[Stockmoves1]

Krammer its post like yours that keep us grounded.. I try to balance the DD with the numbers because these moves are large and no matter how great the DD is the numbers speak volumes and generally follow a standard projectory.. so when a play goes up 50% expect resistance when it goes up a 100% take some profit.. we are talking over a short period of time obviously beacause for some of us we are

[McGolden]

Amk is lucky to be alive after that long bear market so yes dilution. If things are what most of us think and believe. Dont we have to go up a ton to just reach fmv which is a big move. Instead of being severely undervalued for ever we go to being overvalued for awhile. Dunwell works out lookout. Be looking to see when es gets into stinger

[Stockmoves1]

sorry but what do you mean by this statement?? " Instead of being severely undervalued for ever we go to being overvalued for awhile." if you were referring to present FMV its far from overvalued.. perhaps I read that wrong and for that i apologize,,,

[McGolden]

What im saying sm1 is amk is lucky to be alive. They have not been appreciated or liked by the market. Amk is undervalued and at a discount and has been for years. Something tells me the pangellium swings at some point to fmv forsure ie buyout. At some point I was thinking amk would be on the other side of the fence for a change

[Stockmoves1]

Gotcha /  thanks for the clarification / appreciated

[paydirtontario]

After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! Jesse Livermore

[Stockmoves1]

when your sitting on your hands you better be in at the right price and know when to take profit.. in penny land thats not how it works ... we agree on this play but in most plays its more about the flavor of the day.. if i sat on every play I believed in I wouldnt have 2 nickles to rub together... Even Morrow spelt that out when he said how many plays have you been in where all the stars aligned

[paydirtontario]

not much has really  changed  in a hundred years? history repeats trade / wait its personal and fits certain personality types more than others... end of the day we both should do well  anybody who bought 350 - 500 thousand shares your set to make a mil but any amounts a winner here all the best 

[flashcash]

I will need to add to this, sitting tight on the right ship ! We all been on sinkers, some never even made it out of the harbour. ..

[MarcusA]

Flashcash, true! (unfortunatley very true in my case)

[McGolden]

Wow I hope im wrong and your right krammer. That would be a moon shot. What resistance is there after 50 cents if sentiment stays positive I think a dollar could come fast. Sm1 please tell me what im missing

[Stockmoves1]

lets just say for 400million outstanding shares to think we go from 50 to a buck in a heartbeat isnt realistic.... if we have a halt and a report comes out with 30million ounces yes.. then u get a massive gapup and a massive move.. but without that it isnt how it works and I prefer it doesnt.. yes there are the AMY's etc that just keep chugging higher and it may happen but lets just say its

[Whatamidoing1]

ya making money here but I do have some regret for selling my AMY at this year. I don't wanna look back I think I had 225k shares and dumped the last 150k in the .16-.18 range last spring or summer to move it here. I held for like 3 years and couldn't bring myself to get back in when it went to .30 off no news and it just keeps running.

[McGolden]

Thanks sm1 I see your point and it does make sence. Alot of outstandings. Yes going straight up is not healthy. Im just thinking at some point we will go parabolic then the decesion becomes is amk over valued compared to a buy out price just my thought

[Stockmoves1]

parabilc may happen pre-buyout.. i feel for you my friend on AMY.. and yes I traded it many times over the years.. the markets make no sense.. you have a great story but it all comes down to timing and what house decides to run a play.. those plays kill me because assuming AMk shot up to 1.50 over the next few weeks how many folk would still have shares??? too fast too quickly imo... how do you