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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 LonghandStrongon Nov 16, 2022 2:48pm
93 Views
Post# 35104378

RE:RE:BUYOUT by MCAP

RE:RE:BUYOUT by MCAP
I'm not an expert, yet I disagree with some of these points. Yes, cheap energy, etc etc blah blah however. 1. Not yet ascertained of this is run of mill or refractory ore. If refractory, ore will need milled (ground down), then roasted (read burned) BEFORE it is leached. 2. Considering point #1 - multiplied over Billions of tons of ore, sounds expensive 3. Strip ratio, again, over this scale pretty big. 4. Enviro. Consider points 1 through 3, the average BC constituent doesn't care about tax revs and employment in Stewart. A peovincial government would have a hard time stepping in. And, after TMX in BC, don't thing the feds are coming to the party.... 5. KK himself has essentially dismissed the bulk of previous finds as non-stsrters same in his last "real" interview. Good fodder for the promos but market doesnt care. 6. Where is the ore dump and leach pond (s) and mill (s) to be situated? Claim is a mountainside / glacier / steep valley, no? BUT! Some of the higher grade to the NE may be valuable and suitable for an underground model a la brucejack. Workers dying there also inflame the BC constituents in line with point 4, but BC'ers care more about whales and caribou than miner life, so prob not a big problem. We need more met before a PEA, that means bulk sample, no? Isn't that a step that needs taken first? If so, do we have permit? Anyone that thinks our share price is down completely/100% due to manipulation is deluding themselves and likely has gold fever. Also, like the pumpers here, have mentally calculated, spent (sometimes actually) the gains lol. All opinion only! Do your own DD!
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