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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 HIGHonLITHIUMon Mar 11, 2021 12:27pm
126 Views
Post# 32773353

"Too low grade" is a ploy to rob you

"Too low grade" is a ploy to rob youThe "this is too low grade to mine" comments showing up here are nothing more than part of an orchestrated agenda to erode the market price. It is a play on the uneducated by shorters and others with an agenda at work.

Many projects worldwide are making big profits mining lower grades than this. Even setting that fact aside, as others have pointed out there is ample very minable material right at surface included in the 300 zone. 1 g/t ore and lots of it. There is also higher grade within the larger deposit. 2 g/t ore and lots of it. All one has to do to confirm this is to look at the prior drill results and drill sections found in prior company news releases leading up to this initial resource coming out. The drilling that this resource is based on!

For those that don't really understand the numbers and are only looking at the price action and getting nervous, realize that there are those that wish to take advantage of your lack of understanding and would gladly strip you of your upside by playing on that.   
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