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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 Stockpicks96on Feb 04, 2021 6:38pm
156 Views
Post# 32479758

RE:RE:RE:RE:RE:RE:Resource calculation

RE:RE:RE:RE:RE:RE:Resource calculationSM1 - your posts have been consistent and helpful since I started following this board last summer. So first and foremost, thank you for that.

Im a little concerned about your comment about the 10 million ounces and us not getting slaughtered at that amount. Can you clarify why you we might get slaughtered? A 10 million ounce deposit is still an excellent deposit, especially if it is still open at depth and in all directions. Maybe it won't be the homerun that some investors were hoping for, but those investors were likely the ones who were just in it for a quick buck. A major gold company would pay huge money to acquire a 10 million ounce deposit, especially at $1800-1900 Gold.

Once again thanks for your posts and for keeping this board active on a regular basis. Cheers.
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