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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 Stockmoves1on Feb 21, 2021 9:01pm
157 Views
Post# 32623428

RE:RE:Just receive this from AMK Dunwell

RE:RE:Just receive this from AMK DunwellDinkem thanks for your efforts.. personally I feel Stinger will open in the neighbourhood of 30-40cts.. lets not forget by the time these shares are free trading who knows where AMK is at.. but assuming AMK was at 40cts when the spinoff happens I do not see why the makret wouldn't value this 11% postion in AMk under 40cts...

just my 2cts.

Dinkem look at this chart on GPG... its the same on SPA and nearly most of these plays.. what has changed now that these plays are on the cusp of a possible breakdown is they were finaced at a much higher price adding value.. BUT the pressure I am seeing on these plays is a relection of this chart... its either a screaming buy or many these plays have a huge fortcoming drop if gold breaks down..this particdular play has support in the low 20's and in the low 30's with 2flags.. one from 20 to 28 and another from 30 to 56... these are ballpark figures but from what I have learnt is a TA expert will have issue with this.. and this int a story for just GPG but rather most of the Gold plays.. lets not forget when gold broke out it went on a tear... dont take this as a negative but rather a precaution... Im sitting a tad on the sidelines waiting to pounceon a few plays but still waiting...



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