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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 22, 2021 2:27pm
170 Views
Post# 32628088

RE:RE:Gameplan.........

RE:RE:Gameplan.........what I am saying is this....if your share price is ear marked for success and priced for success and the news dissapoints profit takers and shorts will be all over your stock.. so unless the news is stellar when the nr hits you will get smoked.. Now if news is really good and lets say the share price is at 4$ and the oz in the ground justify 8$ you could gap up on news profit take on a huge pop and bring it back down filling in the gaps and holding higher lows and higher highs... But the other scenario is you are underpriced and stellar news hits you will gap and hold slowly working the chart up to FMV.. a far safer approach where less people get hurt... Now if the news dissapoints and I doubt it does our downside is likely rather small....and the upside is lovely.. I suspect this response to you is as conviluted as the last post...  Market makers have so many angles that can be played... for ourselves its all about balancing fear and greed....
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