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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 HIGHonLITHIUMon Feb 21, 2021 11:37am
159 Views
Post# 32621496

RE:RE:RE:RE:RE:WINNER!!!!! .. HOW BIG????

RE:RE:RE:RE:RE:WINNER!!!!! .. HOW BIG????

bigboy999 why do you continue to raise this non-issue? You have been called out for this numerous times before and yet here you are again raising the same issue. What is your agenda? You sure seem to have one. We all know you like TUO and disdain AMK as you have made that point in the past several times. You are entitled to your opinion but let's keep it real. Why didn't you include the whole paragraph you cut and pasted from? That word "FULLY" is kind of important don't you think?  
 

From AMK financials:

The NSR holders were entitled to 25% of the purchase price the Company received in 2016 from the Company’s sale of a 31% interest in the Treaty Creek property to an arm’s-length purchaser. Consequently, the Company transferred to the NSR Holders 125,000 of the 500,000 purchaser shares received by the Company from such sale, thereby fully fulfilling this obligation under the amended agreement

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