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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 > I would think a Major would want 100% of a project
View:
Post by garzillalives on Sep 18, 2024 3:28pm

I would think a Major would want 100% of a project

If the Cunningham deal goes through, a Major would think twice about investing in the rest of the project if they can't have 100% of it. This may hurt TUD and TUO IMO.
Comment by NineLives on Sep 18, 2024 3:59pm
I doubt it, they just buy the shares off Cunningham and if tokenized the holders of the token get a big fat bonus. Anyway I'm 100% certain a majors already sniffing around, ready to pounce. If you watch the trading carefully #14 very active in playing games with AMK and TUO.
Comment by garzillalives on Sep 18, 2024 4:32pm
I hope a major is snooping around and gives us a better offer. I'm PO'd with 0.43, 0.60-80 would be much better.
Comment by Jetstream1281 on Sep 18, 2024 4:52pm
It's exactly what I predicted....a low ball offer at about $30/Oz.....what I find disappointing is that they would do this deal this close to the PEA coming out....as far as I'm concerned there has to be more to the story than what we're seeing....
Comment by Jetstream1281 on Sep 18, 2024 4:59pm
But you're right Garzilla....my $30/Oz was based on older data.....recent acquisitions would say that it is way low.... I just wonder what the rush was with the PEA coming in 6-9 months....it makes no sense to do a low ball deal right before one of the biggest sp rising events in a company's history...I'll take it if it happens, but in a lot of ways I hope it doesn't...and that it ...more  
Comment by fordster on Sep 18, 2024 6:33pm
JS I'm guessing they want to strike while the iron is hot with POG climbing...I'd be wanting to get going with someone if there were rumors of a future crash coming. When/if TSHTF everything will devalue...I just keep thinking: "every 100 days is another trillion of debt" Gold would naturally go up, but who will have the $?  Fairy60: stay out of it.
Comment by Larry60 on Sep 19, 2024 9:48am
Garzilval. good news bad news................the good new is you wont be taken out at 43 cetns.....................the bad news is Cunningham has so far raised $0 of the $210,000,000 needed for buyin AMK.................so likely more punts to come.......................or maybe a regression back to relative value vs the other amigos!!!!!
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