American Creek Resources Ltd V.AMK

Alternate Symbol(s): ACKRF

Metals & Mining Industrial Metals & Minerals

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.

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American Creek Resources Ltd > Resource calculation

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Comment by Stockieeeon Feb 04, 2021 12:44pm

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Post# 32471280

RE:RE:Resource calculation

CharlieWaffles wrote: He's a scenario that I see if I put a few things into context.

Starting with facts.

- We peaked in August.

- Were down let's call it 50%

- It's been 7 Months

DISCLAIMER---Total Speculation here on my part :)

So if I add this all up in my head I get

- Disappointment

- Impatient

- Seek confirmation from market

- Highly anticipated

- High Hope

Equals

Drive the price down, either with "Wall of Shares" or good old fashion shorting. Place a ton of staggered stick bids and welcome sellers with open arms.

Always a good idea to work out scenarios beforehand and see how it plays out. Always something to learn.

Personally I'll tell you what would make my hands turn to rubber, Market giving me >$250oz

*assuming the world still has some resemblance to the current world of course.