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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 Mustang80 on Jul 24, 2021 12:48pm

Buyout Timing

Anyone care to speculate on buyout timing? Does it take TUD 6 months to complete spin-out? I think Stinger took 5 months to complete, but I have no clue if this process can be sped up. So then we potentially have a buyout early next year? Or are we going to continue to let the drills run for a longer period of time holding out for more. I honestly have no idea, but would love to hear any thoughts on this!
Comment by NOMOREROLLBACKS on Jul 24, 2021 8:42pm
NOTHING CAN START UNTIL IT HAS BEEN PASSED AT A SHAREHOLDERS MEETING. WE HAVE NOT HAD A SHAREHOLDERS MEETING REGARDING THIS.......
Comment by Mustang80 on Jul 24, 2021 9:36pm
Thanks for the reply & info! I realize I'm putting the cart before the horse, but I just was wanting to be optimistic, given what a great resource I believe we have.
Comment by Varingianest777 on Jul 25, 2021 12:18pm
Morning. There won't be any buyouts untill Tudor and Teuton spinout their properties into new companies. There are several mining companies standing around with baited breath waiting on this to happen. Walter and Eric are not going to sell early. To say this is a world class property is an understatement!! I agree 50 million oz just on Goldstorm alone ( probably higher) Just my 2 bits.
Comment by NOMOREROLLBACKS on Jul 25, 2021 2:47pm
GEOLOGICALLY, I UNDERSTOOD THAT EUREKA IS THE SHEARED OFF TOP OF GOLDSTORM FROM NEWS RELEASES........ IF SO, WE SHOULD SOON KNOW ROUGHLY, AFTER A FEW HOLES, ITS MINIMUM GOLD VALUE AS WE JUST NEED ITS DEPTH TO BE DETERMINED BY THE FIRST DRILLED HOLE....... AND THEN FURTHER DRILLING TO SEE IF EUREKAS BOTTOM BOUNDARIES MATCH GOLDSTORMS TOP BOUNDARIES......... THIS SHOULD GIVE A VERY QUICK, CHEAP ...more  
Comment by Varingianest777 on Jul 25, 2021 5:29pm
From my conversations Eureka should be 3-5 mill oz in size. And it starts at the surface, quite shallow. A low hanging fruit that will fund the entire Treaty creek play to who ever purchases it.
Comment by fordster on Jul 25, 2021 8:20pm
Is it safe to reason, if Eureka is sheared off GoldStorm, then it continues under the glacier to Eureka... yes I agree with previous post: GoldStorm possibly 50 million and PSZ at least 60 million. 'Fun time just to sit back and wait. The manipulators are dropping it as far as possible in anticipation of assays. Hold tight
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