American Creek Resources Ltd V.AMK

TUD down to .71, maybe AMK goes up to .71,

[garzillalives]

And I can make a lateral move. Wishful thinking I know.

[Larry60]

AMK is now trading at a 55% premium on a relative basis to TUD ie when you compare AMKs 20% interest to TUDs 60% interest in TC.   While AMK has a free carry to production decision like TUO does, this large a premium cant be justified beyond it resulting from a rumper clumper which will fade into the past eventually.  To suggest it will get wider, as wide 200%+ which you cite, is

[Galaxym31]

GOT and JUGR up .Both hi grade discoveries . With gold soaring hard to believe the Amigos have taken such  a beatdown  . Doubt  if there is a leak or insider selling .

[garzillalives]

Correct me if I'm wrong but do not insiders have to announce their sells before they sell?

[Larry60]

Yes, they are required to.  Not to say the law is followed by all but I assume it is in this casel.  Of course word can always leak to friends and family who hold shares..........or offshore accounts....... I dont think its insiders selling (we'll know by tomorrow if it is though) but what worries me is why are no insiders buyin???????????????????  why arent pm investors who

[MrVerbatim9800]

There hasn't been any insider trading for AMK or TUD today or yesterday. To answer your question, Garz.....Insider transactions are legal if the insider makes a trade and reports it to the Securities and Exchange Commission, but insider trading is illegal when the material information is still non-public.

[Larry60]

We do NOT know if there has been any insider trading this week! TUD is governed by BCSC and OSC, not SEC for starters.  THe rule is insiders must report any trades within 5 CALENDAR days.  So any trades on Mon/Tues would have to be reported by Sat/Sun. I still doubt there has been any insider trading.   Possibly just less than stellar news leaking an ot......................

[garzillalives]

That's what I thought.

[paydirtontario]

We know the bars set at 0.43 so going into an upsized offer would be exspected  0.71 would be welcomed before a PEA  Nexr week should give a better idea to what's happening or about to happen  shouldn't Tudor be giving us results ?

[Larry60]

paydirt, TUD should be giving us results.  THey put out first assays last year on July 10th.........we are 2 weeks past that already! ON AMK, there currently is NO BID.  Just a nonbinding expression of interest.  Hey can I make a nonbinding expression of interest for AMK?????? AMK share price remains inflated on a relative basis to tud and tuo.....................a great sell opp

[gratvalyou]

What would it take for TUD and TUO to take on Treaty Creek alone? 300 mil?     Any thoughts? Grat

[NineLives]

They are explorers not miners so can't ever see that happening. Plus some of the executives are getting a bit long in the tooth to even want to take on that responsibility.  It's a big project, and would imagine a very profitable one but that will be derailed in the PEA from which we can also better estimate capex.

[LonghandStrong]

This.  They could be in a blackout period.