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American Creek Resources Ltd ACKRF


Primary Symbol: V.AMK

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 situated approximately 70 km north of Stewart. The Austruck-Bonanza Property is located within the Kamloops Mining Division 53 kilometers north-west of the city of Kamloops in south central British Columbia. The Austruck-Bonanza Property is underlain by Devonian to Triassic Harper Ranch formation comprised of fine grade sedimentary rocks including mudstone and shale and includes basaltic volcanics. The Company holds 100% interest in the Austruck-Bonanza Property and 20% interest in the Treaty Creek project.


TSXV:AMK - Post by User

Comment by Stockmoves1on Jan 22, 2024 11:33am
137 Views
Post# 35838998

RE:RE:The need for Cash ..

RE:RE:The need for Cash ..What bothers me with a partner is getting ourselves locked in... worse yet, anytime I see a big company participating in a joint venture I do not see price increase stabilization. yes maybe an initial small runup b4 the same old game of maniupulation.. These big boys I fear like to swallow these drillers up for as little as possible.. I may not see this clearly, but we do see it over and over... I was just looking at BIG today.. grant it ran from 20cts to a 1.60 it continues to drop, drop and drop... So in essence if we are so lucky to get a runup like they had one may sell into strength but to think these gains are sustainable they just aren't.. many don't pop more than 30-50% on announcemnt of a major taking a piece of the pie often dropping lower than where all the excitement started. BIG was an anomoly.. One can only hope any alliance is well thought out. There is a reason KK is reluctant and good on Ken for not jumping the gun..
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