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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 rockport1on Feb 14, 2021 2:40pm
169 Views
Post# 32565254

RE:RE:RE:RE:RE:Researching

RE:RE:RE:RE:RE:ResearchingStockpicks96, yes, that is correct.  The assays from Decade's drillling on the Del Norte property are overdue. They will hit some mineralization (visible gold reported); the question is how much? 

If they hit enough such that it appears a deposit may be forming, I expect DEC to double or triple, adding $20-$40 million to their market cap. Of course, if the results are spectacular, then pick your number. This should add about the same amount to the market cap of TUO, which is around $0.40 to $1.00 to the share price.

The great thing is--at the current share price--if the results are disappointing, it should not harm TUO's share price since it is undervalued based on Goldstorm alone.

Stockpicks96 wrote: Rock, you're referring to the delayed Assays at Decade right? If Decade does release strong assays, tueton could go on a heck of a run that is completed unrelated to treaty creek. 


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