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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 > Today’s news release says…….
View:
Post by jimbo37 on Feb 14, 2024 9:30am

Today’s news release says…….

That proceeds might be used to fund an acquisition- hmmmm. TUD wouldn't buy another independent property outside of TC-  maybe they take out AMK or TUO or both
Comment by Stockmoves1 on Feb 14, 2024 10:26am
Yes, that is interesting, but the Math doesn't work. Even at todays price our market cap is still closer to 50mill than 20mill. Gold sure is not working in our favor again. Seems we just can't get a break. One can only hope we bring in a reasonabe dollar for the 9.9% Ken was talking about from a large investor. They were talking about someone in London possibly. All these guys like this ...more  
Comment by Stockmoves1 on Feb 14, 2024 10:41am
My guess is this 9.9% of TUD is the investment they were talking about that someone is picking up for a song! To get 9.9% of Tudor for 20mill must bring tears to the eyes of Sprott. Take a look at TUD market cap and this nr is shouting at you. That is the math that works!! One can only hope whoever comes in moves this stock up over due course to cash in on their cheap investment!!
Comment by garzillalives on Feb 14, 2024 10:49am
Wouldn't Sprott have enough influence to prevent someone from getting 9.9% for 20 million, if that's what indeed is happening?
Comment by Stockmoves1 on Feb 14, 2024 11:02am
Absolutely !! but that is up to Eric and Ken ... That discusion is one we could only speculate on and I often wonder why Eric bought a $3 PP and wouldn't clean the floor down at these levels. I suspect they have rules about how much of the company they own and perhaps he is at his max allowable. That we do not claim to know.
Comment by Stockmoves1 on Feb 14, 2024 11:57am
Tudor Market Cap Do the math .. Security Type Equity Shares Issued 228,644,526 Market Cap 196,634,000 9.9% speaks for the 20 mill...
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