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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 bigboy999on Jul 27, 2019 12:27am
98 Views
Post# 29966545

RE:RE:Eric Sprott - Treaty Creek is "Monster play"

RE:RE:Eric Sprott - Treaty Creek is "Monster play"The math might not be quite that simple. Anyone looking at investing in AMK should go to the "filings" section above and refer to the last MD&A (Management Discussion & Analysis). There's reference to deal made with some anonymous investors that seems to me to significantly undermine the value of AMK's 20% interest in TC. Not suggesting that AMK isn't a good buy but I don't think all the cards are on the table. Don't take my word for it, judge for yourselves . bigboy
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