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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 1rockiton Aug 27, 2021 4:42pm
147 Views
Post# 33777150

$$ ;

$$ ;Too own this stock one has to believe in the price of gold going up . That's the only way this stock is going rise . I understand it's a huge gold play but at the same time it wouldn't be economical at any lower prices. I , myself am in the camp that gold goes much higher because of inflation.. I really believe the American government is behind the curve on this . I also believe today was the first day that the market is starting to price in the scenario of having to raise interest rates at the same time the coronavirus cases and deaths are rising.. I'm also in the camp that if anything else goes wrong in the world markets or the USA market, gold will go parabolic, at least until they get whatever under control..We're in a very good ( or very bad ) place for a very nice rize in the gold prices . Cheers ..I only bought 45 thous shares but if ANYTHING !!!! happens over the next week, I'm going to double my position. Also if you like , take a look at OREA gold .
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