- John published a new chart showing the stock pricing for the Treaty companies compared to the value of Treaty Creek that each company owns.
- In American Creek’s case it is trading at a 74% discount to its contractual value of “20% of Treaty Creek
| John Newell is a portfolio manager at Fieldhouse Capital Management and president and CEO of Golden Sky Minerals Corp. He has 38 years of experience in the investment industry acting as an officer, director, portfolio manager and investment advisor with some of the largest investment firms in Canada including Scotia McLeod, CIBC Wood Gundy and Richardson Greenshields (RBC Capital Markets). Newell is a specialist in precious metal equities and related commodities, and follows a disciplined proprietary approach incorporating equity research, analytical frameworks and risk controls to evaluate and select long and short stocks primarily from the Canadian small and mid-cap coverage. Many large, midcap and junior precious metal companies use his technical charts. Newell is a registered portfolio manager in Canada (advising representative). On Monday February 1st, 2021 John published a new chart showing the stock pricing for the Treaty companies compared to the value of Treaty Creek that each company owns. In American Creek’s case it is trading at a 74% discount to its contractual value of “20% of Treaty Creek”. Below are Johns notes and charts: |
| Déjà vu all over again AMK owns a 20% carried interest in the Treaty Creek Gold Project located in BC’s Golden Triangle. Tudor (TUD) owns 60%, Teuton (TUO) 20%, and American Creek (AMK) 20%. As Highlighted in the spread sheet below. AMK is trading at a 74% discount to Tudor (at $2.50 per share). This represents the same deep undervaluation compared to Tudor as when AMK was trading under $0.10 per share. Recently completed 45,600 meter highly successful drill program to expand and extend gold mineralization at Treaty Creek. The deposit remains open in all directions. Maiden resource is being calculated and will be announced soon. Tudor’s technical chart breaking the short-term downtrend line after last years big run. AMK has exchange, regulatory, and shareholder approval for their “Stinger” spin-out to add shareholder value, giving shareholders a cash rich past producer next to Ascot Resources. Strong insiders share ownership of AMK shares, aligning with shareholders |
Tags: #copper, #Crescat, #Discovery, #Drilling, #Gold, #goldentriangle, #HighGrade, #KenKonkin, #Mine, #Ounces, JohnNewell