American Creek Resources Ltd V.AMK

422 million shares....outstanding

[88guy88]

no wonder the price is stagnant....Eric Sprott or not......have to remember that he is a holder of a ton of shares...BUT at around 6 or 7 cents....so he has made his triple bagger already

[Stockmoves1]

Many of us made more than a triple and we are adding on weakness.. so is Eric.... I am sure..

[88guy88]

Good for you and....Eric...like he needs the money...lol.....I just noticed the large amount of shares as a reason for small if any movement in the price....this is now a "next hole stock"....good luck!

[Robizounskin]

Accordingly to Eric Sprott partner we are looking toward 50 million oz. by the end of the season. How much 50 million oz. may worth for us AMK shareholder.  Let say at $100/oz. CAD in ground ($79 USD) to ease calculation, AMK have 20% of it, so it will be 10 million oz. for AMK time $100/oz. CAD which will make one billion CAD of ore value in ground.  Divide this billion by 422 million

[Stockmoves1]

Thanku Charlie, so on a diluted basis with TUD at 2.50 we are witnessing $20 per/oz based upon a 40mill oz resource which I feel is a more than fair approach... So with AMK trading at a 90% discount to FMV my guess is slightly off.... That gives AMK a share price of around $10 an ounce..... So if AMK traded lower and I see if... it only gets better lol...... from a TA perspective lets ee TUD can

[CharlieWaffles]

For AMK cost per OZ to be $10 SP would need to be $.115

[Stockmoves1]

i see and thats assuming 40mill oz...

[CharlieWaffles]

nope, 27M OZ lol 

[Stockmoves1]

Exactly.. perhaps you missed the fact I was using 40mill oz vs 27mill.... so we are currently closer to 14$ an oz at 21cts i presume.... than 20$ thus anythg close to 10$ presents a very probable 10bagger.... these are just numbers im throwing out withoput a calculater but likely not too far off..