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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 > NSR $3MM buyback
View:
Post by LonghandStrong on Apr 11, 2021 12:08am

NSR $3MM buyback

Hey, is there anyone out there that has the straight goods on this NSR? As far as I can see its .75 + .75 or 1.5%. There has been however some discussion that it only is available on the original 51% claim set stake. Can anyone clarify the NSR rights? Also, what a realistic value, if any, is of the NSR to amk shareholders? Thanks in advance, ita q piece of the puzzle that I dont understand. If possible, links posted with source data to support any suppositions? Thanks all.
Comment by Stockmoves1 on Apr 11, 2021 1:15am
I always say when in doubt go to the source.. not a BB.. address the company and provide the result.. email them I am sure you will get a response that is factual.... regards
Comment by LonghandStrong on Apr 11, 2021 10:57am
good point. Thanks SM1. Its very difficult to understand from the NR. Here's to a good week And to our MM friends...run for the door shorty, the party is almost over and the lights are about to come up.....
Comment by fordster on Apr 11, 2021 1:44pm
I talked to Kelvin several months about it and he was very doubtful that AMK would be purchasing their NSR, stating the chances were "slim" ....as SM1 has stated, yes you should call Kelvin directly and talk with him. My impression at the time was they didn't want to dilute SP any further. If you have not talked with him before, get ready for one of the most informative conversations ...more  
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