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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 ironbikeon Mar 31, 2009 12:46pm
559 Views
Post# 15884685

RE: RE: RE: Great share price correction Target .5

RE: RE: RE: Great share price correction Target .5Good analysis Pulcan, i trust you have done your homework as you have been here from the beginning like i have.  This is a very interesting point about seabridge being stuck with the problem.  Amk has definitely diluted the share count over the past few years which is not what the original promotional team was suggesting but that being said i guess this business is not cheap and dilution of shares is one way of raising necessary capital.  I will seriously look at this one again before  its to late.  Thanks for your thoughts and good luck.
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