American Creek Resources Ltd V.AMK

Raises Since Maiden Resource Estimate

[johny52]

Since April 26 2021 when the Maiden resource estimate on  of 27.31 million oz in all catagories was put out the following raises have closed:

1. April 27 2021        $9.6M
2. June 22 2021       $1.5M
3. July 8 2021          $3.6 M
4. Nov 4 2021          $15M
5. April 6 2022         $12.9M
6. Sept 22 2022       $7.75M

Total                                $50.35M Raised


Ken Konkin has said multiple times that for every exploration dollar spent on Treaty Creek it roughly equates to an oz of Gold.  So how much of this was spent on exploration ( I estimate 70% of these funds)  So what is everyones guesses of our total resource in all categories at the end of this season? 

My guess is inbetween 50-60M Oz

[fairdinkem]

Iffey: 75 mil Likely: 65 mil  Maybe: 55+/- mill I like guess'es!

[NOMOREROLLBACKS]

hmmmmmm.......... How about over 100 by late 2023 or early 2024...... HAVE the drills moved to the' '' Calm'' property or are they still working THE CURRENT sites.????

[Stockmoves1]

NMR that is very true... We haven't even finished our initial target.. A 100mill is very possible and taking presidence over SEA will follow...

[Stockmoves1]

And while its Treasury holdings drift lower, China's gold imports more than doubled in August year over year to $10.36 billion, according to Nikkei. Gold getting whacked again also just like evrything else.. We very well may see the bottom around 1470-1520 and I will be happy to buy Sprott physical funds for insurance in my PF... His vaults are hopefully a lot more secure lol...

[fairdinkem]

Idelic thought Sm1,,but my leanings are that we will be positioned to be setting on the "SAME MANTLE" as Seabridge".  Your enthusiasm is well worth that thinking, I AGREE.  But years ago my thoughts were that Pretium was going to beat the pants off of Seabridge,, for yielding much higher numbers of Gold ounces. My enthusiasm then was boosted by the super high numbers from

[fordster]

FD....very nice post that got me thinking....(let me know if you agree...my opinion might be your main point) 'It seems to me (from what we're finding on our assays, we have a hi-bred system of both Pretium and Seabridge on our hands....we have huge bulk tonnage with geology veins like VOK. So (to me) our future is so brite...."I gotta wear shades"....and Mai Ties in Maui.

[fairdinkem]

2 thumbs up on that one!   The inter mingeling of the HIGH grades can really throw our state of mind out the window as we were so used to getting at and just above 1 GRAM which is just great for mass volume for bulk tonnage project.  These kind of added bonus strikes can drive to averages way up on the charts for a bulk tonnage deposit.  But as you said we can all take this

[fairdinkem]

2thumbs up,from my point of view.  K.K.& Company juss got 7.7 Million for next years drilling program,,,,,,,what does that tell us?  E.Sprott is not in the habit of throwing CASH into the toileten bowl juss to see it go down the drain.  So from the "past" drilling programs and all of the FLYOVER GEO studies of T.C. well it must look like what it is,, likely a lot more

[Stockmoves1]

It will be a fun ride..... in a market that is scared I like it even more.... your points are well taken with SEA. It's not a matter of being bigger or better, but to be recognized by fund managers as an equal in the race together so our multiples come up drastically and we are given FMV.