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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 > Aready an insider, Cunningham
View:
Post by FastTrade on Jun 09, 2024 6:46pm

Aready an insider, Cunningham

How many shares of AMK in the money at 20 to 40 cents does Cunningham have to sell anyway? Not enough to make this deal fly but enough to walk away with a neat little bundle perhaps.
Very peculiar a company Cunningham in the hunt for $60 million dollars for the development of their Nugget Trap claims.putting up $210 million dollars for all of the AMK OS.
If Cunningham intends to digitize its claims through the issuance of Digital Asset Tokens to raise money, it sounds like a lot of high hopium with scam written all over it.
The AMK deal could have ruse written all over it looking to feed off of pure orchestrated FOMO.


Comment by NineLives on Jun 09, 2024 6:57pm
Instead of speculating call management and Eric and ask how how these experts in mining could be so blind ? Or take it for what it is a non-biding letter of intent, and see how it goes. If you think it's smoke and mirrors then just don't trade it. Simple.  
Comment by Signman on Jun 09, 2024 6:59pm
This is a post from CEO I found interesting along these lines. : "Scam of the Year Alert: “Did you see the scam deal launched today by some private co making a bid for American Creek (all cash) at a 274% premium for C$209.5m.  The public company owning the private has a $3m market cap (US OTC). One of the principals of privateco owned 3.2m shares of AMK 4-5 years ago.  They offered ...more  
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