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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 > It All Seems Like Smoke And Mirrors.
View:
Post by garzillalives on Aug 02, 2024 9:45am

It All Seems Like Smoke And Mirrors.

So is Cunningham going to give us cash for our shares or Tokens? i want cash (.80/ share minimum) so I can put my money into something else like TUD. All this talk about the future is fine until there is a major power outage and cyber attack. Look what happened to Crow Strike. Remember the power putage of 2003? Owning real stocks in a company with real assets is safer than some sort of cryto, which only has value based on preception, much like our fiat currency.
Comment by garzillalives on Aug 02, 2024 9:48am
The Cunningham article reads more like propaganda or advertising.
Comment by Jetstream1281 on Aug 02, 2024 9:52am
The deal potentially on the table is specifically a cash deal.
Comment by Stockmoves1 on Aug 02, 2024 9:54am
Absolutely Cash / a Crypto deal would never fly unless established
Comment by Jetstream1281 on Aug 02, 2024 9:55am
All I know is that if I was buying a company for .43/share and could scoop millions of shares at half that price, I'd be doing it!!!
Comment by Larry60 on Aug 02, 2024 11:20am
JS, Ive been sayin that from day 1!  you chastised me. Tried to bully me into silence. Any NONbidder with even an oz of credibility woulda been buyin in the market..........and a real bidder would have been buyin up to 43 cents................gettin everything they could How much has CUnningsham bought????  Looks like 0.00............... THis has been a rumper frumper from DAY 1 ...more  
Comment by bull_runz on Aug 02, 2024 1:07pm
Darren Blaney, CEO of American Creek, stated: "We are excited that Cunningham has recognized the value and the potential of the Treaty Creek Property despite the tough junior market conditions we are currently experiencing. We believe this proposed transaction may provide not only a liquidity event for our longstanding shareholders, but also represents an opportunity for shareholders to ...more  
Comment by Larry60 on Aug 02, 2024 1:27pm
We all recognize the value of AMK and TC.  AND LIKE THE CUNNINSHAMS, NONE OF US HAVE THE MONEY TO BUY IT!!!!!!!!!!!!!! The NONbinding eoi NR was a show in pumper rumperism!!!!!!!!!!  It was shameful. IMHO, the AMK board should resign for this lack of judgement in entering a NONdeal with the CUnningshams who are part of a group of compnaies led by Cunningham Natural Resources (HNRC) ...more  
Comment by Jetstream1281 on Aug 02, 2024 2:00pm
I still stand by the theory that this was a protection bid.... I don't think it's a P&D because the only people benefiting from that would be insiders whi would have to declare their transactions.... I'd be shocked if it actually materialized I to a deal....I don't think (and never have) believed that Cunningham could come up with the financing.....also, it's clear the ...more  
Comment by Larry60 on Aug 02, 2024 2:06pm
JS, glad to see youre comin around to a Cunninsham charade conclusion!!! But youre still spinning that its a good thing!!!!  Why did you not sell in the 20s????????  This is gonna pop.,......and land around 10 cents all else being equal...........imho as for insiders?????  people have friends.......family.............secret accounts????  Im not sayin that was the case ...more  
Comment by garzillalives on Aug 02, 2024 2:22pm
I don't doubt what you're saying, I'm just not sure how this would protect AMK.
Comment by Jetstream1281 on Aug 02, 2024 2:37pm
If someone like say SEA was sniffing around  this sets the floor for a bid from them....
Comment by paydirtontario on Aug 02, 2024 3:00pm
Whoever is about to JV up with Seabridge could very well put an offer in on AMK i think their short list is around (3) companies  Have a good long Weekend all !!! civic Monday north of the border 
Comment by Larry60 on Aug 02, 2024 3:17pm
Garzilaives, you dont see how it would help cuz it DOESNT THe pumpers on this board that supported teh Cunninsham NOnBindng eoi rumper flumper are now tryin to spin the reasons why they supported this charade........................ was a great opp for hollders to get out in the 20s, or teens, and swap into the much cheaper and sane TUO and TUD
Comment by bull_runz on Aug 02, 2024 11:50am
The deal did say $209M financiang.
Comment by bull_runz on Aug 02, 2024 11:56am
The Company's Board of Directors (the "Board"), after an extensive period of negotiation and consideration of various alternatives, has approved entry into the LOI, pursuant to which Cunningham proposes to acquire all the issued and outstanding securities of the Company, including all common shares of the Company (the "Common Shares"), at a price of $0.43 Cdn per Common ...more  
Comment by Larry60 on Aug 02, 2024 12:12pm
yES, the NONbinding EOI rumper flumper is about to end........................the jigh is up.............the $210 million nowhere to be seen!!!!!!!!!!!!!!!!!!! AMK sharehodlers, especially those who bought inot the rumper flumper, have been had!!!!!!!!!!!!!!!!!!!!!!!!!
Comment by Larry60 on Aug 02, 2024 12:10pm
Yes they did...........and they said Cunningsham had to provide proof that it was in place BEFORE MONDAY................all CUnningssham has provided is puffy NRs about tokens changin the future of mining!!!!!!!!!!!!! It may not be much, BUT I WANNA SEE OUR 115K $$ ON MONDAY!!!  
Comment by fairdinkem on Aug 02, 2024 11:00am
P.T. Barnum and Baily told all of AMK shareholders that they were suckers to even think that a .43 cent Canadian swap out was a real deal, and that there was a sucker born every minute.  So on my own advice, I will not sell or swap out my AMK shares.  Only a sucker would give up the credited future 6.6 million ounces of GOL, presently to be harvested at Treaty Creek.  Then there is ...more  
Comment by Larry60 on Aug 02, 2024 11:12am
Fairdinken, FULLY AGREE that Cunnisham was, as you say, a PT Barnum circus...............or as I've  been sayin since the NONbinding eoi was announced, a rumper flumper!!!!!!!!!! Where we disagree is, AMK has almost doubled since the lumper sumper was announced..............TUO AND TUD OFFER WAY BETTER VALUE Once PT Barnum is shown the door for good, and I hope AMK board will do so this ...more  
Comment by Stockmoves1 on Aug 02, 2024 11:17am
Gold will see $3000 if not $10000 / the issue we have FD is like many analyst said years ago buy Gold not stocks / I picked up the phone but never made the bank transfer lol / 
Comment by Larry60 on Aug 02, 2024 11:22am
JS, THere is NO deal on the table as Ive been sayin from day 1.  THERE WILL BE NO 43 CENTS ON MONDAY.  Maybe an extenstion with fluffy language and lots of crypto/token talk with no details............AND NO MONEY IN THE BANK!!!! WHEN THE RUMPLER DUMPER GETS PULLED, WHETHER NEXT WEEK, MONTH OR YEAR, AMK WILL BE A 10 CENT STOCK..........AT BEST.....IMHO