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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

Comment by rockport1on Nov 12, 2020 12:12pm
151 Views
Post# 31885516

RE: regarding news release the other day:

RE: regarding news release the other day:Ah, are you sure you saw them refer to 60 million oz?  It would be very premature and probably require a retraction from the securites authorities. There is no way they will come up with a 60 million oz resource until 2022 at the earliest. And many, many things would need to go perfectly for that to happen.

Folks, unless you are a trader, there is no reason to get so far ahead of the results.  Let results drive the stock, not hype. A slow steady march for long term holders will be much better than a seesaw of volatility.

Of course, traders will disagree with me. But from my perspective, just watch, analyze and wait.

Varingianest777 wrote: In the last AMK release I noticed it said up to 60 million OZ. I dunno, seemed kind of important...


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