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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 Oct 19, 2020 11:10pm
266 Views
Post# 31746230

The next Leg Up.............

The next Leg Up.............by Kelvin Burton....

We are in the consolidation period.. fewer and fewer deposits will produce for the next 20-30yrs... replacing hard to find projects that are worth going into production are getting very hard to find.. exploration bottlenecks thru covid is another hurdle to finding great projects.. Producers are making money hand over fist... THEY MUST REPLACE .. with GREAT projects.. where we fit into this is we have a Flagship PROJECT in the Golden Triangle...

Gold is consolidating and we are primed for the next leg up!! seasonality / drill results.. not to mention goverments devaluing the dollar thru the printing press.. whoever wins it's good for gold.. in the short term we will have volatility.. Investing in exploration that has leverage.. that folks we have.. the mining stocks are more highly leveraged than physycal gold.. that's why we are here.... producers rise and juniors follow.. we are further down the whip than the producers...

Within the Golden triangle we are neighbour to the largest undeveloped gold system in the world... and we OWN the deposit next to our neighbour called the Gold Storm... We are going from holes in the ground to a defined resource.. we have a 20% interest fully carried... 100's millions of dollars go into proving up these resources  and we carry no costs... hmmmm I think we are in the right place... 20miles from the highway with the cheapest power around.. close to a shipping port.

then there is a second project called DUNWELL... 5-8k away a past producing mine... smaller but very high Grade.. past production closer to 7grams per ton... this folks is the spinoff that will give our new spinoff "STINGER" the zinger :) 


WOWSERS what a Great reminder of why we are here.... American Creek is perfectly poised for this super cycle in GOLD... we are on the right side of the Mountain Folks.. Do recognize that the number1 resource in the world could quite easily become the second largest resource alongside the TREATY CREEK project.. this is real not fiction !!!!!

In a BULL market DON'T get BUCKED off !!!!!

LONG on AMK !!!!!!
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