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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 > Re: why Cunningham got that extra 183M financing
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Post by Robizounskin on Sep 07, 2024 8:30pm

Re: why Cunningham got that extra 183M financing

To me Cunningham is well aware that an unsolicited bid is more likely to come around the corner, so they decide to be ready for matching offers with that extra 183 million Dollars US available immediately as required, it's not for fun that they have announced the new financings with GEM just the day before the deadline.  Wy do so if it was only for some future other deal with with others companies.  Timing is very important especially with the coming week with great opportunities with majors at the Beaver Creek event, so 43 cents might not be the final price for us AMK shareholders, hope for the best....
Comment by Mustang80 on Sep 07, 2024 10:29pm
I hope you're right, Robizounskin! If not I'm thinking ES is using this deal as a way to bring attention to Treaty Creek. By owning all 3, he might not get top dollar for American Creek, but it helps lift Tudor in time for Beaver Creek & in advance of more drill news. Anyway I'm glad I listened to Stockmoves (& others) & bought a bunch of Tudor this summer! 
Comment by Stockmoves1 on Sep 07, 2024 11:00pm
This deal makes it crystal clear why KK held off on another raise . I always felt the reason this deal was accepted and not talked about by TUD was to create some long overdue euphoria and as a result get some better price evaluation / I like how a competing offer is finally being talked about! / I do not claim to understand whether this is or isn't possible but generally always the selling ...more  
Comment by Mustang80 on Sep 08, 2024 12:11am
Right on SM,  excuse me for trusting Eric Sprott & his millions on the line vs the clowns. Moving some from AMK to TUD might make sense, but one would really hate to lose out on a juicier offer possibility, not that I'm getting my hopes up. 
Comment by stocksandrocks on Sep 08, 2024 12:16am
This post has been removed in accordance with Community Policy
Comment by Mustang80 on Sep 08, 2024 12:26am
S&R err Larry60 Longhand: If this offer is too high for AMK, what value should their 6 million plus oz have? Please also let me know another stock Eric Sprott pumped & dumped options on leaving shareholders holding the bag. 
Comment by stocksandrocks on Sep 08, 2024 12:31am
This post has been removed in accordance with Community Policy
Comment by Stockmoves1 on Sep 08, 2024 1:08am
DESPERATE MEASURES WHEN YOU LOSE YOUR SHIRT / SOW DOUBT / SAD
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