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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

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Post by mint1965 on Feb 14, 2021 4:31am

Researching

Hi,

I do not have a position in the this share and I am just researching at present. Can anyone provide am  approx. timeline when they expect news flow to commence?
Comment by MarcusA on Feb 14, 2021 4:36am
That's the main question right now! Besides the number in the ressource, of cource. The press release early Jan said: in a few months. JS-Research yesterday wrote: in the next weeks. To my knwoledgde nobody can be more specific!
Comment by mint1965 on Feb 14, 2021 4:47am
Thank you Marcus. I have been reading the board for TUD and difficult to work out where to put my money. Looks to me greater upside here at present
Comment by rockport1 on Feb 14, 2021 9:50am
mint1965, at today's prices, Teuton is the best value of the three IMO. They are trading below AMK in market cap. Plus, they own the NSR, which should give them greater mkt cap value. In addtion, one of their partners is excpecting assay results that could move TUO significantly if they hit.  If not, no downside damage, since it has zero value in the market cap.
Comment by fordster on Feb 14, 2021 10:18am
I totally agree with rockport. This (for me) is a tricky time to purchase AMK. If you get Stinger shares when you buy, then I would load up on AMK (don't know if there's a executed deadline). But AMK is a standup company. The shorts have damaged TUO SP, yet they hold a lot of "buy ins": royalties and NSR. 'Does anyone know if the " future new owners" of AMK would ...more  
Comment by mint1965 on Feb 14, 2021 10:40am
Thank you gys for your responses, much appreciated. I have not even got round to researching TUO and not clear on the relationships yet. I use charts to time my entry position and right now that one does look most attractive at present. I have been reading up a little at Tudor Gold and can see the sp is following AMk at present but was down in Franfurt on Friday.
Comment by CobraShelby on Feb 14, 2021 10:44am
FYI: https://www.americancreek.com/index.php/news/news-2016/96-american-creek-closes-two-jv-transactions-with-tudor-gold-corp June 14, 2016                                           ...more  
Comment by CobraShelby on Feb 14, 2021 10:52am
Agree 100% with Rockport1 as of today.
Comment by Stockpicks96 on Feb 14, 2021 12:00pm
Rock, you're referring to the delayed Assays at Decade right? If Decade does release strong assays, tueton could go on a heck of a run that is completed unrelated to treaty creek. 
Comment by Galaxym31 on Feb 14, 2021 12:58pm
not as much of a run as Decade will say 8 cents to 40 cents IMO
Comment by mint1965 on Feb 14, 2021 1:24pm
Sorry for sounding stupid. Do i understand thsi right? AMK owns the land and JV effectively with TUD through sale of shares. What is the role of TUO. I am trying to get my head around these names. TUO looks supressed but about to burst but it seems to have been helpd back and not had its share of success of the other 2 shares?
Comment by Varingianest777 on Feb 14, 2021 3:30pm
TUO originally owned Tr Crk. AMK came along did a deal became majority owner with TUA. TUD came after and took 60% of company.  AMK and TUA now have 20% each, this is a fully carried percentage. TUA and AMK don't pay for any of the exploration, Just TUD. Awesome deal for TUA and AMK.
Comment by Varingianest777 on Feb 14, 2021 3:32pm
TUD took 60% of Treaty Creek, not the company.
Comment by CobraShelby on Feb 14, 2021 3:31pm
On treaty Creek only :  A joint venture has now been formed with Tudor holding a 60% interest and each of American Creek and Teuton holding a 20% interest in the joint venture.  Both American Creek’s and Teuton’s 20% interests are fully carried during the exploration period until a production notice is given. Tuo as a lot of other property see their web site :  https://teuton.com/  ...more  
Comment by Stockpicks96 on Feb 14, 2021 1:49pm
Music to my ears either way. 
Comment by rockport1 on Feb 14, 2021 2:40pm
Stockpicks96, yes, that is correct.  The assays from Decade's drillling on the Del Norte property are overdue. They will hit some mineralization (visible gold reported); the question is how much?  If they hit enough such that it appears a deposit may be forming, I expect DEC to double or triple, adding $20-$40 million to their market cap. Of course, if the results are spectacular ...more  
Comment by Stockpicks96 on Feb 14, 2021 8:18pm
AMK is by far my largest play, and I am 100% a believer that what we have here at treaty creek is truly a once in a lifetime type of play. With all of that said, I have a solid chunk of Decade shares as well and right now, that is the one true "gamble" of a play in my portfolio. I feel the impatience of the public resulted in the weak news release that we saw last week. I sold 1/4 of my ...more  
Comment by NOMOREROLLBACKS on Feb 14, 2021 10:56am
IT IS A TRUISM OF THE STOCK MARKET THAT THERE IS A SELL ORDER MATCHING EVERY BUY ORDER. A SELLER HAS A BETTER REASON FOR SELLING THAN A BUYER HAS FOR HOLDING OR BUYING. VERY OFTEN THE SELLER HAS DONE DUE DILIGENCE MORE CONSCIENTIOUSLY....
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