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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 > Care to place bets on 3 days from now ?
View:
Post by Signman on Sep 02, 2024 11:38am

Care to place bets on 3 days from now ?

So this post is for "actual" AMK shareholders (Larry go away). With three days til the latest deadline I thought it would be interesting  to get a gauge on sharholders thoughts as to what will happen this time. To note the latest posting to Cunninghams X account is a promotion for a crypto trading magazine. I have seen nothing directly related to AMK.  So three choices  if you care to participate. A simple one word reply (If you wish) is all that is needed.  1. "PUNT" (can gets kicked down the road again for a month) 2. "FAIL" ("deal" falls apart) 3. "DEAL" (Cunningham sucessfully secures the contract with full financing in hand)
FYI there will be no cash prizes fore correct guesses. But a small trophey is possible ;) 
I will start ...
Comment by Signman on Sep 02, 2024 11:38am
PUNT
Comment by McGolden on Sep 02, 2024 12:54pm
PUNT
Comment by cargil on Sep 02, 2024 2:35pm
Will follow suit with Punt....
Comment by curtis111 on Sep 02, 2024 5:53pm
Definitive agreement signed and presented, the financing will still be a condition.. 
Comment by Signman on Sep 02, 2024 6:09pm
With all due respect Curtis is that not the whole issue right now? I want the sandwich, I have agreed with the sub guy to make the sandwich. But I have no money to buy it.. do I get that sandwich ?  So you are "DEAL" then ? or "PUNT" if they don't yet have the dough ?
Comment by cskhurasu on Sep 02, 2024 6:49pm
There is no Suway, there is no sandwich and there is no money for it. There is a poster of a sandwich and nothing more. The question is why?
Comment by curtis111 on Sep 02, 2024 7:39pm
My though is the agreement is done. That's when we will see a big jump in share price. Do I think the agreement closes?? Jury is still out.. a definitive agreement will still have financing conditions that can be broken for a number of reasons. If this was in fact a set up they will surely be trying to get the share price as high as possible, no? 
Comment by Signman on Sep 02, 2024 8:08pm
First I had intended this thread to be a more simple hand raise choice of what will happen Thurday Curtis. But to endulge your question briefly. I think Cunningham wants this but they were the dog that caught car and is struggling gettng the actual funds to fulfill the obligation they agreed to.Thus will punt for more time in hopes to make their tokenization scheme come to be realized (if possible ...more  
Comment by curtis111 on Sep 02, 2024 8:15pm
Thanks, I was responding to you Signman.. you responded to my answer of Deal. Why everyone thinks Cunningham is going to show us anything is beyond me. They have their offer sheet for the financing. All that anyone should be expecting is a definitive agreement in place this week.. Nothing else. As per the last press release.  
Comment by Signman on Sep 02, 2024 8:25pm
Thanks Curtis!  Come on guys .. lots of views but not a lot of people wanting to voice their opinions. Don't be shy ! 
Comment by Bushpilot on Sep 02, 2024 11:02pm
Punt!!
Comment by Robizounskin on Sep 03, 2024 8:21am
Punt...   but I Hope that AMK will remove the exclusivity and the penalties conditions, just respecting the prices set back then, it's up to Cunningham to prove that their scenario is feasible, otherwise we will wait for PEA next spring for a better venture.
Comment by CobraShelby on Sep 03, 2024 8:54am
Well said Rob , but this will be a deception to wait another year . What is 14 years wait or 15. Our deal will be lot more better. This one was not hard to beat. GLTA
Comment by Stockmoves1 on Sep 03, 2024 9:13am
I believe you are right Cobra / when a deal is done when does the price not reflect the outcome / anotherwards in the venture when is there not a leak driving momentom / it does happen on rare occasions but rare it is 
Comment by paydirtontario on Sep 03, 2024 10:10am
Whatever happens Thursday doesn't change that AMK wants to sell their 20% fully carried position  this was not a bluff to run the stock but a show of what is coming  ( sale of AMK  ) they spun out for a reason leading up to this...
Comment by Larry60 on Sep 03, 2024 10:35am
AMK wanted to sell so they entered into a NONbinding eoi with a private co connected to Cunningham Natural Resorces (HRNC) - a pink sheet listed delinquent filier with a $1.5 million market cap???  And no $$$$??? They did that to up their credibility?????  Seriously??? THis has been a clear rumper flumper from the start................as you know ive repeated the reasons why many times ...more  
Comment by firestarterm on Sep 03, 2024 11:42am
Agree.  That has been on my mind as well.  Just puzzled why TUD never stepped up nor E.S.
Comment by Signman on Sep 03, 2024 11:58am
Eric could match / beat the cunningham offer today. And I wish he would. But I, and others think, maybe he is conflicted with owning both SEA and TUD and this would be a clear picking of sides. Once the court shuts down, or doesn't approve (work it out) , the MMT Eric would have a way out to pick the winner here IMO.
Comment by Larry60 on Sep 03, 2024 12:39pm
I dont think Eric is interested in buyin AMK.  He likes been an investor, not an owner (unless gold bullion or royalties!!!) Im sure Eric would be happy to cash out his illiquid AMK for 43 cetns as tons of opps to deploy the money to....................and he can ride out TUD and TUO!  
Comment by Jetstream1281 on Sep 03, 2024 1:06pm
I don't agree with much that CSK says but I have tried to find a connection between Eric and SEA and have not been able to....the deal they have is with Sprott streaming which Sprott now has no connection to except in name.... When the deal was done I think he was listed as chairman emeritus or some such thing....that's thr extent of the SEA connection that I can find
Comment by Larry60 on Sep 03, 2024 1:16pm
JS, we agree on something!!! As i posted previously, Eric stepped down as SAM CEO in 2010, resigned as a portfolio manager in 2015 and cut all ties when he left the board in 2017! Why???  So he can invest HIS billion in resources the way he so chooses!!!!!!!!!!!!!!!! PS NO 43 cents on THursday!!!!!  AGAIN!!!!
Comment by garzillalives on Sep 03, 2024 12:31pm
Punt.... 0.43 is way too low. 0.80-1.20 would be more realistic IMO.
Comment by Larry60 on Sep 03, 2024 12:41pm
garzilleva, the good news????  THERE IS NO 43 CENTS!! The bad news?  You missed an great opp to get out at 20 cents and redeploy to TUD/TUO or other great cos out there.  Even worse????  16 might sink like a stone in the coming days....
Comment by fairdinkem on Sep 03, 2024 1:01pm
Comment by fairdinkem on Sep 03, 2024 1:03pm
Comment by Stockmoves1 on Sep 03, 2024 2:15pm
If you are adking why 3days from now Fairdinkem it's because news is anticipated on the outcome of this last extension / PUNT is the vote for many feeling we get an extension of time to fullfill the requirements of this offer ..
Comment by fairdinkem on Sep 03, 2024 2:40pm
Reply, the .43 cent offer was and is very conservative IMO.  From most every post here shareholders seem to take it that they are not happy with the price offer at .43 yup and I agree with them.  What is is that the 20% of the 36 million ounces gives AMK a staggering flo of CASH.  If Ken Konkin has his way the Pearls will yield another 36 million ounces in 2  to 4 years from ...more  
Comment by Larry60 on Sep 03, 2024 3:38pm
Fairdinken, There is NO offer!!!  There is NO 43 cents!  That is the good news for dreamers like you! The bad news?  You rode it down from the 20s to 16 cents...............even worse, will likley trade down to 12 or lower when the Cunninham Pink Sheet rumper Flumper goes the way of Cunningham Natural Resources!!!! all imho...........Fordy...
Comment by Larry60 on Sep 03, 2024 10:46am
PUNT!!! But if AMK was doing their  job, imho, it would be a giant FAIL!!!! THere is no $$$$$$.  There is NO 43 cents.  THere is no definitive agreement.............albeit possibly one this week SUBJECT TO FINANCING which we ALL know will NOT happen..........imho
Comment by FreshStart26 on Sep 03, 2024 4:20pm
PUNT --- like I said before I'd be borderline pissed if this is the offer that is accepted after all this work and time has been put in. I'm not even close to the amount of expertise as some of the investors here, but am I off my rocker to be thinking a vote or something should have been part of this decision? Or am I thinking of this wrong? 
Comment by Signman on Sep 03, 2024 4:26pm
Thanks for the vote Fresh. You will have your time to vote "if" it gets to that point. This is corp. driven right now.  We retail share holders will have our say soon. Not sure it will matter with the share structure but you will have a vote.
Comment by Larry60 on Sep 03, 2024 4:45pm
Good news Freshstart.  There is NO OFFER for AMK!  THere is NO 43 cents!!!! So grab a drink and chill. THe bad news?  Thats why AMK is trading at 16 cents!  Even worse?  I think itll go down to 12 when this rumpler flumper goes away
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