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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 Stockmoves1on Apr 19, 2022 2:38pm
173 Views
Post# 34614032

TA........

TA........195 for the umpteenth time... from a TA perspective this is basing well.. 19 is support, 23 is major R... In order for shorts to cover this round we need 17 once more or else this sits flat for a long time until Gold pops or drops... Gold too is being punished by shorts breaking down the bullish support at 1965/77 and testing lower... We didn't get 2044 Gold yet, but I feel it is coming... Gold from a weekly and monthly standpoint suggests a Strong Buy so it is a bit of an upward battle/power struggle... One more shaky event in the world and there will be no holding it back.... The world is in such turmoil with so many political hot potatoes anything can happen any day... I remain bullish on GOLD.. That being said perhaps shorts can crush 19 and give us another load.... if not thats great too...
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