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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 > Cashing in and getting out.
View:
Post by Hawger1 on Aug 07, 2024 9:56pm

Cashing in and getting out.

The ownership after all these years wants to cash out and not because its a bad investment. They have been developing it for years, getting old, its pay out time. So if they were to just sell off all of there  ownership shares in AMK the 3 amigos will blow up with concerns TC has lost its value. I'm sure no share holders bags are above .43 cent average per. Sell it .43  payout  de-listed and gone. That's how you cash out and go away without crashing the other 2 amigos or TC. 
IMHO.
Comment by Mustang80 on Aug 07, 2024 11:21pm
If Cunningham has to sell 200 million in coins to get the cash in this market, I'm not sure it can be done in a month. But perhaps I'm misunderstanding the process & it doesn't seem to make sense for the effort if it's for nothing. The market sure isn't buying the deal currently & Stockmoves is right the bashers sure wear one down. But not selling. 
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