American Creek Resources Ltd V.AMK

Oversubscribed PP.............

[Stockmoves1]

where is all the demand coming from when this deposit has so little to offer lol......

https://www.stockwatch.com/News/Item/Z-C!TUD-3150860/C/TUD

Up up and AWAY...............

LONG on AMK............

[Mustang80]

Sounds amazing! SM1 or anyone, Do you think this reflects the interest to get Gold Storm defined & sold sooner than later? Does the 2.10 subscription figure then put some what of a floor on TUD in your estimation? I hope you had a fantastic Thanksgiving!

[Stockmoves1]

My experience is PP's often don't put a floor in, but with the amount of PP's TUD is doing likely creates added support and a concerted effort to not only support the price but drive it spades higher when the financing is done and we start closing in on the PEA...Once we get the PEA we are on the auction block and the offers won't be 2-3$ but rather 6-8$ for starters and a closing

[Stockmoves1]

Sprott just can't get enough of this play..  Eric Sprott has indicated his intention to subscribe in the offering.

[CharlieWaffles]

A couple of things that stand out when reading these PP are    These are huge numbers and a lot of drilling. Not uncommon to see 1-2M programs but not here. The size and scale is rather large.   The other is the fact that these ARE huge numbers which are HUGE expenses. AMK looks pretty good when you consider we get all the benefits with zero costs. Just add up 20% of all

[Stockmoves1]

pretty much a win / win when we are priced at a 1.15 TUD eh !!! more Waffles for Charlie.. these large PP's are called commitment.. you wouldn't place this much doe into a play without ONE VERY SOLID Gameplan !!!

[fairdinkem]

Very spot on conclusion!   Sprott must know somethingabout TC!

[Stockmoves1]

Checkmate !!

[fordster]

Great point....It's looking like AMK is the safer play without all the dilution....it's all them ratios Waffles! ....it's always hard to decide which play is the best....but no one can take anything away from us...20% FMV is just that!

[fordster]

You are right...100% right...but something this size without ANY boarders is going to require MASSIVE drilling just to get an idea of the boarders...it's all in the perspective...a fricking large azz area is going to require a fricking large azz drill campaign....But not for AMK Question brothers....Will this dilution effect us....I'm thinking not : 20% is 20%...now watch the

[Stockmoves1]

Dilution is required to raise the exploration dollars...  our 20% is based upon TUD directly.. As there float increases our FMV actually increases with dilution being on the end of TUD over AMK... For argument sake In the big picture TUD gets diluted 10% our FMV increases likely by 1.5%.. I have found with out share structure / warrants 15% works for the present FMV. That 15% I use is TUD

[Stockmoves1]

looking at the past year I see an aproximate 32mill raised for TUD with this current PP.. that in itself is likely around 6-7% dilution so I suppose I aught to raise my 15 to 16% as of now lol... at present with TUD at 2.38 AMK FMV based on price alone is 38cts....

[Stockmoves1]

So in essence AMK is a 100% discount to FMV... pretty obvious choice where to add if you add...

[CharlieWaffles]

Easiest is to simply use Cost per OZ. MCAP / Resources.    Once TUD_SPINTOUT is done that will be much easier to do. The current obstacle or challenge isn't what their TC portion is worth because AMK is the Anchor at the moment and makes it very easier to calculate. but what EVERYTHING else is Worth. That, not so easy. well for me :)    TUD TC Worth

[Stockmoves1]

well said Charlie... for now we keep it simple but thats very true.. after the spinout will take some digging...

[CharlieWaffles]

So After the SPINOUT for TUD you will have 2 Anchors or Constants. MCAP and Resources. This  is where there will be tons to be made. If you get spooked by Price only you won't even notice this part, you'll be too busy being SPOOKED :)    I see the OZ and Grade as where your time is well served. What are you paying, how large can it get? See my post about Adding up the

[Stockmoves1]

Charlie go easy.. I may just get goofy lol.....................

[CharlieWaffles]

You Mentioned Past TUD PP. Turns out I have some stuff I've pierced together but still need to fine tune. This is hardly exhaustive at this point and very rough around the edges but does give an idea.    What I'm trying to do is  get a better understanding about the cost aspect and how they all fit together. Found a lot of interesting cost numbers in their