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 > DOWNSIDE vs UPSIDE

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Comment by Stockieeeon Feb 04, 2021 12:45pm

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Post# 32471288

RE:DOWNSIDE vs UPSIDE

Stockmoves1 wrote: First off Great post Charlie on the Resource calculation..

DOWNSIDE: the greates risk to us longs in my viewpoint is if the resource calculation dissapoints... What I would like to see is a solid estimate of what every million ounces of resource equates to in terms of share price to TUD.... so if its 10 mill vs 15 or 30 what are those numbers in real tangible dollars.. ie share price...

UPSIDE: If the resource calculation comes in solid we are buying AMK at a premium discount.. at this lower price our downside is lower than if we were sitting at 50cts...

for what its worth..

BLAH BLAH BLAH is all I hear coming from the day trader

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