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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 > Why is this a 5 bagger if not 10 or more ...
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Post by Stockmoves1 on Apr 13, 2023 1:49pm

Why is this a 5 bagger if not 10 or more ...

2.2 billion pounds of copper is 9billion dollars
23 mill oz gold at 2k is another 46 billion
How many oz of silver - cant recall but likely a few more billion..

Do the math and we haven't even started.. this resource likely doubles over the next 12mths...

These numbers reflect about  60 billion in the ground.. Will TUD get an offer for say 2.5 Bill ??? likely.. do the math.. KK put that number out in a podcast.. and it seems reasonable.. with the drilling campaign this year that number could double.. 200mill shares divided into 2.5 billion dollars and you get $12.50 a share for TUD... AMK is worth now around 16%

That my friends puts AMK at $2. never say never
Comment by Mustang80 on Apr 13, 2023 6:15pm
KK threw out the number $100 oz for gold equates to 2.5 billion dollar company in the last video. If that's US, means he's thinking 7 bagger for TUD at these levels & 10 bagger for AMK, so I think you're spot on with your numbers, SM. With more drilling to come...
Comment by GoldInsect777 on Apr 13, 2023 7:04pm
Are you talking USD or CAD numbers? Also, I believe after the closure of the PP, TUD will now be within the vicinity of 250 million shares outstanding. 
Comment by Stockmoves1 on Apr 13, 2023 11:04pm
I just threw out a very quick ruff calc at Canuck to give us an idea what we have curently and why KK likely put that 2.5bill out there... what this tells me is getting a buck for AMK aught to be a cake walk if the markets keep chugging north and 18mths out a buyer comes thru/// but this does seem conservative ..
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