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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 FastTradeon May 28, 2023 2:49am
278 Views
Post# 35467639

35% of 85%

35% of 85%
The above percentage holds a certain relevance to the POG.
The mainstream economists like to tell us that consumer spending is still strong.
In the same sentence they won't tell you that 35% of the 85% of American credit card holders are in real debt and will max out their credit before long.
35% of 85% computes to approximately 30% of the American adult population that won't be among the panic gold buying masses when inflation does and later will spiral upwards and out of control.
A great deal of those left able to purchase gold in a panic as history has shown, will be buying and storing it.
No question, there will be more than enough buyers readily able to purchase gold aside from those who won't who will buy at retail for a steady romp upwards.
Many countries globally speaking bound to US dollar hegemony , have lower ratios of maxing/ maxed out credit card holders. This is also relevant as the coming romp in the POG will be pushed on a global scale.
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