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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 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

Post by TheTwiton Jul 10, 2020 10:32am
87 Views
Post# 31251114

Predictable

Predictable
guys - read my post from last week. This space generally sells the news. The drop is predictable, and call it what you may, spoofing, grabs, etc, remember that there are many big, smart and powerful players here, and they know the drill. Do your own DD, but last 6 drill results (all killer) dropped by TUD caused a short-term dip. Yes, we could all get smoked here, but nothing has happened to the gold In the ground here except that 1. There's now more than they thought (remember they were looking for the perimeter, and drillednfirst where they thought they'd find it .... and they disnt fund it = more gold) 2. SEA is doing a bunch of "free" drilling. 3. Gold has closed $1800 for three sessions, and ended the quarter up over resistance. You've gotta have your big girl and boy pants on to play on this space. Buying the dip is smart, if you think there's gold. Selling the dip is smart if you think theres gold AND you think you can get back in, time it right. Selling the dip baswd on what other people is doing because you are afraid is maybe a good idea, but it is amateur. Anyway ... this dip was / is totally predictable. If it was October and no more core at the assay house it would be different IMO, but.....
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